Stock Market Updates: Sensex Rise 800 Points, Nifty Above 24,900; IT Stocks Gain – News18

Stock Market Updates: Sensex Rise 800 Points, Nifty Above 24,900; IT Stocks Gain – News18


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Indian benchmark indices — Sensex and Nifty50 — opened on a positive note on Wednesday

Sensex Today

Stock Market Today: Indian stock markets opened on a muted note with a slight positive bias on Wednesday, amid the absence of strong directional cues.

The BSE Sensex is at 81,886, up 700 points or 0.86 per cent. The NSE Nifty, meanwhile, is at 24,905, up 221 points or 0.89 per cent. In the broader markets, the Nifty MidCap and the Nifty SmallCap indices were up 0.83 per cent and 0.63 per cent, respectively. Among sectors, the trend was mixed with the Nifty IT falling 0.4 per cent, while the Nifty Pharma index up 1.4 per cent

Global Cues

Asian markets were trading higher this morning, despite Wall Street ending a six-day winning streak overnight.

Japan’s Nikkei was flat, while the broader Topix index edged up 0.27%. South Korea’s Kospi gained 1.14%, and Australia’s ASX 200 was up 0.6%. Regional investors are reacting to mixed economic signals, including slower export growth in Japan for the second straight month amid persistent US tariffs introduced under former President Donald Trump.

On Wall Street, all three major indices ended lower. The S&P 500 slipped 0.39%, the Nasdaq Composite dropped 0.38%, and the Dow Jones Industrial Average declined 0.27%. The sell-off was largely driven by profit-booking in technology stocks. Nvidia fell 0.9%, while other major names like AMD, Meta, Apple, and Microsoft also ended in the red, pulling the tech sector down by 0.5%.

Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18.
News business » markets Stock Market Updates: Sensex Rise 800 Points, Nifty Above 24,900; IT Stocks Gain



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