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Sensex set out to reach 83 thousand, Nifty soared, stock market created history again

by Aaryan Srivastav
September 2, 2024
Sensex set out to reach 83 thousand, Nifty soared, stock market created history again

9:15 AM Share Market live Updates 2 Sep: The stock market started with a record-breaking performance on Monday, the first trading day of September. The BSE benchmark index Sensex of 30 stocks has now moved towards 87000. Nifty also started with a record-breaking performance. Sensex opened at 82725 level, up 359 points. Nifty opened at a new all-time high of 25333 with a jump of 97 points.

8:30 AM Share Market live Updates 2 Sep: After the mixed trend in the global market, the major index of the domestic stock market, Sensex and Nifty 50, may start cautious on Monday i.e. today. Asian markets traded mixed after the US Federal Reserve’s hopes of cutting interest rates in September and fresh economic data, while the US stock market closed with strong gains last week.

Earlier on Friday, the Indian stock market benchmark Nifty 50 hit a new record high, extending its gains for the 12th consecutive session. The Sensex closed 231.16 points or 0.28 per cent higher at 82,365.77, while the Nifty 50 closed 83.95 points or 0.33 per cent higher at 25,235.90.

Bet on these 6 stocks chosen by experts today

Major global market signals today

Asian markets: Asian markets traded mixed. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.1 percent. Japan’s Nikkei 225 rose 0.94 percent. While, the Topix gained 0.49 percent. South Korea’s Kospi fell 0.49 percent and the Kosdaq fell marginally. Hong Kong’s Hang Seng index indicated a lower opening.

GIFT Nifty Today: GIFT Nifty was trading around 25,420 levels, with a premium of around 22 points over the previous close of Nifty futures. This indicates a mildly positive opening for the Indian stock market indices.

Wall Street: The US stock market Dow Jones closed at an all-time high level for the second consecutive day on Friday. The Dow Jones Industrial Average rose 0.55 percent to 41,563.08, while the S&P 500 rose 1.01 percent to close at 5,648.40. The Nasdaq Composite Index rose 1.13 percent to close at 17,713.62.

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