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Stock Market Updates: Sensex Opens 30 Points Higher At 78,570; Nifty Flat At 23,750 – News18

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Indian markets opened flat on Tuesday with BSE Sensex up 30.41 factors and Nifty 50 remaining flat. Global markets confirmed blended efficiency, with U.S. indices pushed by tech inventory rallies.

Sensex Today (Representative/PTI File)

Indian Markets Open Flat on Tuesday: Indian fairness indices, BSE Sensex and Nifty 50, opened subdued on Tuesday, following agency international cues in a holiday-shortened buying and selling week forward of the Christmas break.

At the opening bell, the BSE Sensex gained 30.41 factors, or 0.04%, to succeed in 78,570.58, whereas the Nifty50 remained flat at 23,754.25.

With the so-called “Santa Claus rally” pushing Wall Street indices greater, coupled with a constructive shut for home markets after lowered overseas institutional investor (FII) promoting that broke a five-day dropping streak, traders are hoping to take care of momentum earlier than the market closes for the Christmas vacation on December 25.

Global Markets

Markets within the Asia-Pacific area have been blended on Christmas Eve, following in a single day positive factors on Wall Street. Japan’s Nikkei 225 slipped 0.33% as minutes from the Bank of Japan’s October assembly revealed members agreed to proceed elevating charges if financial and inflation targets are met. The broader Topix index was marginally up by 0.01%.

South Korea’s Kospi declined 0.29%, whereas the Kosdaq rose 0.16%. Hong Kong’s Hang Seng index elevated by 0.31%, and mainland China’s CSI 300 rose by 0.47%, with the Shanghai Composite up 0.26%. Australia’s S&P/ASX 200 climbed 0.35% in a shortened buying and selling day.

On Monday, international fairness markets gained, supported by Wall Street’s efficiency. U.S. Treasury yields climbed to an almost seven-month excessive, whereas knowledge indicated weakening U.S. client confidence, as traders ready for fewer price cuts by the Federal Reserve in 2025.

In U.S. equities, the Nasdaq and S&P 500 have been primarily pushed by rallies in main tech shares like Nvidia and Broadcom.

The Conference Board’s U.S. client confidence index for December dropped to 104.7, falling wanting expectations for a rise, signaling considerations about future enterprise circumstances.

New orders for key U.S. manufactured capital items rose in November, however total sturdy items orders, together with objects from toasters to plane, fell by 1.1%, largely as a result of weak industrial plane orders.

US Market Performance

  • The Dow Jones Industrial Average gained 66.69 factors, or 0.16%, to shut at 42,906.95.
  • The S&P 500 rose 43.22 factors, or 0.73%, to five,974.07.
  • The Nasdaq Composite elevated by 192.29 factors, or 0.98%, to 19,764.89.

MSCI’s international fairness index rose by 5.51 factors, or 0.65%, to 849.74, whereas Europe’s STOXX 600 index completed up 0.14%.

US markets may have a shorter buying and selling day on Tuesday and can stay closed on Wednesday for Christmas.

US Treasuries and Oil:

U.S. 10-year Treasury yields rose to their highest degree since late May, reaching 4.591%, with the 30-year bond yield as much as 4.7791%.

Oil costs eased barely in gentle pre-holiday buying and selling, as considerations over a provide surplus subsequent yr and a stronger greenback weighed available on the market. U.S. crude settled down 0.32%, or 22 cents, at $69.24 per barrel, whereas Brent crude fell 0.43%, or 31 cents, to $72.63 per barrel.

News business » markets Stock Market Updates: Sensex Opens 30 Points Higher At 78,570; Nifty Flat At 23,750
Ella Bennet
Ella Bennet
Ella Bennet brings a fresh perspective to the world of journalism, combining her youthful energy with a keen eye for detail. Her passion for storytelling and commitment to delivering reliable information make her a trusted voice in the industry. Whether she’s unraveling complex issues or highlighting inspiring stories, her writing resonates with readers, drawing them in with clarity and depth.
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