Markets Live Today: Sensex and Nifty on the Edge Amidst Broader Market Volatility
On Wednesday, September 25, 2024, markets live updates show Indian benchmark indices BSE Sensex and Nifty 50 trading on a muted note after a red opening. The fading momentum from China’s stimulus measures is notable.
Sensex Trends Today
As of 3 PM, the BSE Sensex recorded a slight increase of 48.74 points (0.06%), reaching 84,962. Meanwhile, the Nifty 50 was down 12.15 points (0.05%) at 25,928. A majority of stocks showed unfavorable trends, particularly in the IT and FMCG sectors.
Key Market Movers
- Power Grid Corp saw gains, rising 2.09%.
- Bajaj Finserv faced notable losses, leading the downside.
- Across bid trends, many stocks in the red included HCLTech and Asian Paints.
Global Market Influences
Importantly, US markets have risen to new heights, with broad indicators achieving record closings. The DOW added 83.57 points while the S&P 500 and Nasdaq also marked gains.
Investor Sentiment
- Investors are keeping a close watch on the Federal Reserve’s actions.
- Possible interest rate cuts could impact market dynamics further next month.
- Global commodities like gold and crude oil have also reacted positively amid the recent economic signals.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.