Sensex Gains Over 200 Points, Nifty Above 15,700

Started by sushmi, Jun 18, 2021, 03:06 PM

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sushmi

Sensex Gains Over 200 Points, Nifty Above 15,700

U.S. technology shares jumped on Thursday on optimism around a speedy economic recovery, although the Fed's hawkish message on monetary policy kept the S&P 500 subdued



The domestic stock markets have opened firm on the last day of the trading week on the back of positive global cues. At 9:20 am, the BSE Sensex was trading at 52,536.06, higher by 205.30 points or 0.36 per cent and the NSE Nifty was at 15,727.30, up 29.89 points or 21 per cent.
Asian markets were mixed in Friday morning trade following an overnight drop for the Dow Jones Industrial Average on Wall Street. In Japan, the Nikkei 225 gained 0.14 per cent while the Topix index slipped 0.55 per cent. South Korea's Kospi traded fractionally higher. The S&P/ASX 200 in Australia advanced 0.17 per cent.

U.S. technology shares jumped on Thursday on optimism around a speedy economic recovery, although the Federal Reserve's unexpectedly hawkish message on monetary policy kept the S&P 500 subdued.

The Dow Jones was down 0.57 per cent, while the S&P 500 was up 0.06 per cent and Nasdaq Composite was up 1.09 per cent.

Meanwhile, crude oil prices fell nearly 2 per cent from their highest level in years on June 17 as the dollar strengthened after the US Federal Reserve signaled it might raise interest rates as soon as 2023.


Source- https://www.ndtv.com/business/stock-market-updates-june-18-2021-sensex-gains-over-200-points-nifty-above-15-700-2466592

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