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Amidst mixed global signals, the benchmark equity index BSE Sensex and Nifty 50 opened on Thursday with a minor advantage.
Stock market update
Sensex today: Amidst mixed global signals, the benchmark equity index BSE Sensex and Nifty were doing high business on Thursday.
Around 12 noon, the BSE Sensex was more than 532.44 points or 0.70 percent, at 76,701.35, and the Nifty 50 at 23,213.2, beyond 167.95 points or 0.73 percent.
The US is likely to affect markets today, including a high-to-adapt inflation reading in the US, including a low retail inflation figure and industrial production data for industrial production data from India. Other factors, such as mixed global cues, Indian companies are expected to play a role to continue sales by foreign institutional investors (FIIs), the weekly Nifty F&O from Indian companies. Additionally, investors will be closely watching Prime Minister Narendra Modi’s first meeting with US President Donald Trump since his election.
Global signal
American and European stock futures on optimism on optimism on the possibilities of a peace deal between Ukraine and Russia gave rallies on Thursday, causing jumping into treasury yields as hot inflation caused to make any policy easier in the US this year Threatened to close the door.
The global trade war remained a possibility as US President Donald Trump said that he would impose mutual tariffs as soon as possible in every country accusing us with duties on US imports. Gold prices did not get away from their record height.
The Japanese Yen was the largest loser in front of the high American yield, while the Euro has been helped by Trump’s phone call with Russian President Vladimir Putin and Ukraine’s Volodimir Zelansky, hoping that the war can end throughout the year.
Oil prices fell, below 2% overnight. Wall Street staged a late rally to finish the mixed day.
