Last Updated: February 23, 2024, 09:43 IST
Stock Market Today: The Nifty quoted 40 factors increased at 22,255. Indian blue-chip index Nifty has hit all-time peaks in every of the 4 classes this week and gained about 0.8% over the interval. The positive factors in Nifty are principally aided by financials and client shares.
Meanwhile, the S&P BSE Sensex got here inside placing distance of its summit of 73,427, and was seen holding a 100-point achieve at 73,260.
NSE Nifty 50 Tech scaled a recent all-time excessive at 22,298 in intra-day offers on Friday as IT shares prolonged positive factors monitoring a worldwide-rally in know-how shares publish Nvidia earnings.
Apart from IT shares, Titan, HDFC Bank and Reliance Industries had been the early movers among the many Sensex 30. On the flip aspect, (*100*) Airtel, Power Grid and Asian Paints slipped.
The broader indices had been seen outperforming with benchmarks, each BSE MidCap and SmallCap had been up round 0.5 per cent every.
Global Cues
Asian markets had been surging within the early Friday session with Australia’s ASX200, South Korea’s Kospi, Hong Kong’s Hang Seng, and China’s Shanghai Composite gaining within the vary of 0.5 per cent to 0.7 per cent.
Japan’s Nikkei, in the meantime, was shut down at the moment for a public vacation.
Overnight, Wall Street’s principal indices surged on Thursday, with the S&P 500 hitting a report excessive after chip large Nvidia posted quarterly outcomes that far exceede estimates, boosting the tech sector.
The benchmark index gained 2.11 per cent to shut at 5,087.03, its greatest day since January 2023.
The Nasdaq Composite jumped 2.96 per cent, recording its greatest day since February 2023, whereas the Dow Jones Industrial Average gained 1.18 per cent, to shut above 39,000 for the primary time and at a brand new excessive of 39,069.11.
