Last Updated: February 29, 2024, 09:41 IST
Benchmark indices began Thursday’s buying and selling session on a tentative be aware following yesterday’s sharp fall. Market contributors might be wanting ahead to the F&O month-to-month expiry and Q3 GDP numbers for route.
The S&P BSE Sensex was seen swinging between zones in early offers. The NSE Nifty 50 quoted under the 21,950 degree.
Among the Sensex 30 shares, Reliance Industries was up over 1 per cent after the Mukesh Ambani-led agency, Viacom18 Media and Walt Disney agreed to create a $8.5 billion leisure big in India.
Mahindra & Mahindra, SBI, and Titan have been the opposite notable movers. On the opposite hand, Power Grid was down 1 per cent at Rs 277. UltraTech Cement, Nestle and NTPC have been the opposite seen losers.
In the broader market, the BSE MidCap and SmallCap indices continued to reel beneath promoting strain and have been down practically 1 per cent every.
Among particular person shares, Shriram Finance gained 2 per cent after NSE mentioned it will likely be changing UPL within the benchmark Nifty 50 w.e.f. March 28. The latter was down 1 per cent.
Global cues
Asian shares have been principally in pink barring Straits Times which superior 0.4 per cent. Kospi shed 0.7 per cent, Nikkei dipped 0.5 per cent and Taiwan was down 0.2 per cent.
On Wednesday, the US market ended barely decrease a day forward of a key inflation studying that might closely affect expectations on timing of fee cuts. Dow and the S&P 500 have been marginally in pink, whereas Nasdaq slipped 0.6 per cent.
The 10-12 months US Treasury bond yield hovered round 4.29 per cent. Whereas, Brent Crude Oil futures consolidated round $82 per barrel. Meanwhile, Bitcoin zoomed previous the $60,000 mark for the primary time since November 2021.
