Share Market Updates 12 Sep: The stock market has once again created history. The BSE Sensex jumped 1439.55 points to close at 82,962.71 points. This is the biggest closing so far. During trading, the Sensex reached 83116 points. This is the all-time high of the Sensex. Talking about the NSE Nifty, it closed at an all-time high of 25,388.90 points, up 470.45 points. Talking about the 30 stocks of BSE, the shares of NTPC, Airtel, Mahindra & Mahindra closed with a gain of more than 3 percent. Apart from this, the shares of JSW Steel, Adani Ports, SBI, Tech Mahindra, Tata Steel, L&T and Kotak Bank closed with a gain of more than 2 percent.
10:40 AM: The Sensex is still in the green on the strength of stocks like Adani Ports, Kotak Bank, Power Grid, Tata Steel, NTPC, Titan, Airtel, Tech Mahindra, State Bank. The Sensex has gained 261.04 points and is trading at 81,784.20. The Nifty has also crossed the century mark and reached Rs 25020.
9:25 AM Share Market Live Updates 12 Sep: In early trade, 41 stocks of Nifty 50 are in the green. Out of these, Tata Steel is the top gainer with a gain of 2.79 percent. Hindalco is up by 2.70 percent. Shriram Finance is also up by 2.29 percent. ONGC is also trading 1.59 percent higher today. Airtel is also up by more than one and a half percent. Nifty top losers are Nestle, Asian Paints, Mahindra & Mahindra, Tata Motors and UltraTech Cement.
9:15 AM Share Market Live Updates 12 Sep:After the stormy rise in Wall Street, Dalal Street is also rejoicing. The domestic stock market started on a great note. BSE’s 30-stock index Sensex opened at 81930 with a jump of 407 points. Whereas, NSE’s 50-stock benchmark index Nifty jumped 141 points and started Thursday’s trading at the level of 25059.
Share Market Live Updates 12 Sep: Due to the rally in Asian markets and the rise in Wall Street, there can be excitement in Dalal Street today. Global signals are good for Sensex and Nifty. Because, Asian markets traded with gains. Whereas, the US stock market rose overnight due to the rise in the shares of tech companies.
The US inflation report crushed expectations that the Federal Reserve would cut interest rates by 50 basis points next week. Traders raised their bets for a 25 basis point cut by the Fed to an 85 percent chance from 66 percent on Tuesday, and the probability of a 50 basis point cut fell to 15 percent from 34 percent a day earlier, according to CME Group’s FedWatch tool.
According to Mint, investors will keep an eye on India’s Consumer Price Index (CPI) inflation data for August. Earlier on Wednesday, the Sensex closed down 398.13 points or 0.49 percent at 81,523.16, while the Nifty 50 closed down 122.65 points or 0.49 percent at 24,918.45.
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Rally in Asian markets: Asian markets traded higher on Thursday following a rally on Wall Street overnight led by tech stocks. Japan’s Nikkei 225 jumped 3 per cent, while the Topix gained 2.48 per cent. South Korea’s Kospi gained 1.2 per cent and the Kosdaq gained 2.5 per cent.
GIFT NIFTY: GIFT Nifty was trading around 25,084 levels, a premium of around 140 points over the previous close of Nifty futures, which was indicating a positive opening for the Indian stock market indices.
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wall Street: US stock markets closed higher on Wednesday led by gains in tech stocks. The Dow Jones Industrial Average rose 124.75 points, or 0.31 percent, to 40,861.71, while the S&P 500 added 58.61 points, or 1.07 percent, to 5,554.13. The Nasdaq Composite jumped 369.65 points, or 2.17 percent, to close at 17,395.53.
