The domestic stock market opened in green mark on Thursday (27 February) amid positive perception from global markets. The major benchmark equity index BSE Sensex opened 104 points to 74,706 points. It closed at 74,602 in the last trading session. NSE Nifty 50 also opened strong at 22,568 points. However, instability can also be observed during the session with monthly derivative termination.
Apart from this, the attitude of foreign investors (FIIs), US President Donald Trump’s threat to put 25 percent tariff on EU and signals from global markets will determine the direction of the Indian stock market today.
In the last trading session on Tuesday, the Sensex fell by 5 days and closed at 74,602.12 with a gain of 147.71 points or 0.20 per cent. However, the Nifty fell 0.03 per cent to close at 22,547.55. At the same time, domestic stock markets remained closed on the occasion of Mahashivaratri on Wednesday.
What about global markets?
Most Asian markets on Thursday remained at a high level after a positive lead in major American indices. The ASX 200 increased by 0.38 percent, while Japan’s Nikkei index rose 0.54 percent and Topics 0.66 percent. Meanwhile, Kospi was trading below 0.6 percent.
In the US, S&P was successful in registering a slight lead and a four -day decline came to a standstill at 5,956.06. However, Dow Jones Industrial Average fell 188.04 points or 0.43 percent to close at 43,433.12, while earlier it gained about 245 points. Meanwhile, Nasdaq Composite rose 0.26 percent to close at 19,075.26.
