Stock Market Live Updates September 27, 2024: Sensex, Nifty make further gains, lifted by global cues, firm IT stocks
September 27th, 2024 11:27
Sensex, Nifty, Share Prices LIVE: Indian stock markets opened higher on Friday, buoyed by positive global cues and strong performance in the technology sector. The benchmark Sensex opened at 85,893.84, up from its previous close of 85,836.12, while the Nifty 50 index started the day at 26,248.25, building on Thursday’s close of 26,216.05.
IT stocks led the gains in early trading, with Infosys and LTIMindtree both surging 3.79 per cent, followed by Tech Mahindra (3.10 per cent), Wipro (2.73 per cent), and HCL Tech (2.20 per cent). The sector’s strong performance comes on the heels of Accenture’s positive quarterly results and upbeat forecast for FY25.
Deepak Jasani, Head of Retail Research at HDFC Securities, commented on the market outlook: “Nifty could now aim for 26,475 on the upside in the near term while the support has shifted up to the 25,956-26,033 band.”
Stock Market Live Updates September 27, 2024: Sensex, Nifty open in marginally positive territory
September 27th, 2024 10:27
Sensex, Nifty, Share Prices LIVE: Benchmark indices Sensex and Nifty opened flat to positive on Friday. At 9:22 am, Sensex was at 85,848.47, up 12.35 points or +0.01%. Nifty was at
26,233.00, up 16.95 points or 0.06%.
According to analysts, global sentiment will continue to keep bulls alive at the bourse on Friday as well.
Asian stocks are up, led by China, as the country is gearing up to increase fiscal support and stabilise the property sector to revive growth. China’s benchmark CSI 300 Index is headed for its biggest weekly gain in almost a decade.
Vishnu Kant Upadhyay, AVP, Research and Advisory at Master Capital Services Ltd, said: The Indian benchmark indices extended their winning streak, with the Nifty50 reaching a new all-time high of 26,250.90 during the main expiry day. Meanwhile, the Sensex surged to 85,930.43 before closing at 85,836.12. The rally in the indices can be attributed to increased foreign inflows, following the US Federal Reserve’s decision to cut interest rates by 50 basis points last week.
Stock Market Live Updates September 27, 2024: Sensex, Nifty expected to extend rally
September 27th, 2024 09:27
Sensex, Nifty, Share Prices LIVE: The start of the fresh monthly series at the NSE derivative segment will begin on a positive note on Friday. According to analysts, global sentiment will continue to keep bulls alive at the bourse on Friday as well.
Asian stocks are up, led by China, as the country is gearing up to increase fiscal support and stabilise the property sector to revive growth. China’s benchmark CSI 300 Index is headed for its biggest weekly gain in almost a decade.
Vishnu Kant Upadhyay, AVP, Research and Advisory at Master Capital Services Ltd, said: The Indian benchmark indices extended their winning streak, with the Nifty50 reaching a new all-time high of 26,250.90 during the main expiry day. Meanwhile, the Sensex surged to 85,930.43 before closing at 85,836.12. The rally in the indices can be attributed to increased foreign inflows, following the US Federal Reserve’s decision to cut interest rates by 50 basis points last week.
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