Share Market live Updates 30 Aug: Today the domestic stock market can create new history again. Asian markets and Nifty Nifty are giving such indications. If everything goes well, then today Sensex and Nifty can touch a new peak. If there is profit booking, then the stock market can derail the boom. Let us tell you that on Thursday, the Indian stock market indices closed higher after reaching record highs led by gains in select heavyweight stocks. The Sensex closed 349.05 points or 0.43% higher at 82,134.61, while the Nifty 50 closed 99.60 points or 0.4% higher at 25,151.95.
Asian Markets: Asian markets traded higher on Friday on the back of economic data from Japan. Japan’s Nikkei 225 rose marginally and the Topix added 0.23%. South Korea’s Kospi rose 0.55%, while the Kosdaq gained 0.74%.
GIFT Nifty Today: GIFT Nifty was trading around 25,286 levels, a premium of around 16 points over the previous close of Nifty futures, indicating a positive opening for the Indian stock market benchmark indices Sensex-Nifty.
Wall Street situation: The US stock market closed mixed on Thursday. The Dow Jones Industrial Average rose 0.59% to close at an all-time high of 41,335.05. While, the S&P 500 index closed at 5,591.96. The Nasdaq closed at 17,516.43 with a decline of 0.23%. Meanwhile
Nvidia shares fell more than 6%, Microsoft shares rose 0.6%, while Alphabet stock lost 0.7% and Apple’s share price fell 1.5%.
Tata Group’s stock is not stopping, positional investors have become millionaires
GDP figures will be released today
On the domestic front, India’s GDP data for the April-June 2024 quarter will also be released today. India’s economic growth is expected to slow to 6.9% year-on-year in Q1FY25, down from RBI’s estimate of 7.1% and the 7.8% growth rate of the previous quarter, a Reuters poll of 52 economists has estimated.