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Storm of boom in stock markets from America to Japan, Sensex-Nifty can take off even today

by Aaryan Srivastav
September 20, 2024
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Share Market Live Updates 20 Sep: Today Sensex-Nifty can create another history. First India and then the stock markets from America to Japan saw a storm of growth. The trend of making records in the domestic stock market that started on Thursday was also seen in the American markets. After Sensex-Nifty, Dow Jones and S&P 500 touched record highs in Wall Street. After this, there was excitement in the Asian market today.

Indian stock markets closed higher on Thursday after the US Fed’s oversized rate cut, with both benchmark indices hitting intraday record highs. The Sensex closed 236.57 points or 0.29 per cent higher at 83,184.80, while the Nifty 50 closed 38.25 points or 0.15 per cent higher at 25,415.80.

Asian Markets: Asian markets traded with gains on Friday. Nikkei 225 gained 1.9 percent and Topix gained 1.63 percent. South Korea’s Kospi gained 1.45 percent and Kosdaq gained 1.51 percent. Hong Kong’s Hang Seng index futures indicated a higher opening.

GIFT Nifty: GIFT Nifty was trading around 25,525 levels, with a premium of around 35 points over the previous close of Nifty futures, which was indicating a positive opening for the Indian stock market.

Wall Street: US stock market indices closed higher on Thursday with the S&P 500 and Dow hitting intraday records. The Dow Jones Industrial Average crossed the 42,000 level for the first time, rising 1.26 percent to close at 42,025.19, while the S&P 500 managed to close above 5,700 for the first time at 5,713.64. The Nasdaq Composite also closed at 18,013.98 with a bumper jump of 2.51 percent.

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