Share Market Live Updates 24 October: After weakness in the global market, domestic equity benchmark indices, Sensex and Nifty 50 are expected to have a cautious start on Thursday. Because, Asian markets traded with a decline, while American stock markets closed in the red. Wednesday was the worst for the Dow Jones Industrial Average in the last one month. On the other hand, the major indices of the Indian stock market Sensex and Nifty 50 closed with slight losses on Wednesday. The Sensex closed 138.74 points or 0.17 per cent lower at 80,081.98, while the Nifty 50 closed 36.60 points or 0.15 per cent lower at 24,435.50.
Major global signals for Sensex today
Asian market
Asian markets traded lower after overnight losses on Wall Street and economic data in the region was monitored. Japan’s Nikkei 225 fell 0.68 percent, while the Topix fell 0.82 percent. South Korea’s benchmark Kospi fell 0.32 percent, while Kosdaq fell 0.91 percent.
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gift nifty
GIFT Nifty was trading around 24,520 levels, a premium of about 40 points from the previous close of Nifty futures, indicating a positive start for Indian stock market indices.
condition of wall street
The US stock market closed lower on Wednesday amid rising Treasury yields and selling in megacap stocks. The Dow Jones Industrial Average fell 409.94 points, or 0.96 percent, to 42,514.95, while the S&P 500 fell 53.78 points, or 0.92 percent, to 5,797.42. The Nasdaq Composite closed at 18,276.65 with a loss of 296.47 points or 1.60 percent.
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Shares of these big companies fell: Nvidia stock price fell by 2.81 percent, Apple shares fell by 2.16 percent, Meta Platform shares fell by 3.15 percent and Amazon stock price fell by 2.63 percent. McDonald’s shares fell 5.12 percent. Coca-Cola’s shares fell 2.07 percent and Boeing’s shares fell 1.76 percent.
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Dollar and Crude Oil: The US dollar was trading near three-month highs against major peers. At the same time, the US 10-year Treasury yield reached a three-month high of 4.26 percent overnight. Crude oil prices traded higher. Brent crude futures rose 0.59 percent to $75.40, while US West Texas Intermediate crude futures rose 0.64 percent to $71.22 a barrel.
Input: Reuters