Stock Market Updates: Sensex Sensex Erases Early Gains To Trade Flat, Nifty Around 23,650 – News18
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Indian benchmark equity indices BSE Sensex and Nifty50 climbed on Tuesday, supported by improving global cues
Stock Market Today
Sensex Today: Indian benchmark equity indices erased earlier gains to trade flat by noon. Around 12:23 PM, BSE Sensex traded at 77,981, while Nifty 50 at 23,662. Zomato and IndusInd were the top losers by noon with a fall of -5% and -4.70%, respectively.
At 10 AM, the BSE Sensex was up 732.58 points, or 0.94%, at 78,716.96, while the Nifty50 gained 204.05 points, or 0.86%, to reach 23,862.40.
Global Cues
Markets across the Asia-Pacific region showed a mixed trend on Tuesday, even as Wall Street ended higher overnight on hopes that U.S. tariff measures might be less severe than anticipated. Australia’s S&P/ASX 200 rose 0.39 percent, while Japan’s Nikkei 225 gained 0.72 percent, with the broader Topix up 0.29 percent. South Korea’s Kospi edged up 0.16 percent, while the small-cap Kosdaq declined 0.36 percent. Meanwhile, China’s CSI 300 dipped 0.29 percent, and Hong Kong’s Hang Seng dropped 1.59 percent.
The three major U.S. indices posted strong gains overnight. The Dow Jones Industrial Average surged 597.97 points, or 1.42 percent, to close at 42,583.32. The S&P 500 advanced 1.76 percent, settling at 5,767.57, while the Nasdaq Composite, driven by tech stocks, jumped 2.27 percent to finish at 18,188.59. Overall, improving global cues and hopes for a softer U.S. trade policy provided a positive backdrop for equity markets.
