Share Market Update: Sensex opens flat, Nifty 50 above 18,050; key points

Last Update: January 05, 2023, 09:28 IST

Sensex Today: Equity markets started on a positive note on Thursday as most Asian markets rejected the US Federal Reserve’s call for higher interest rates to fight inflation.

In early deals, the S&P BSE Sensex was trading 54 points or 0.09 per cent higher at 60,712, while the Nifty 50 was up 20 points or 0.11 per cent at 18,050.

In the broader markets, the BSE Midcap and Smallcap indices gained 0.11 per cent and 0.3 per cent, respectively.

in the sectors smelly The FMCG index rose 0.7 per cent, while the Nifty Financial Services index declined 0.2 per cent.

As per provisional data, Bajaj Finance booked 7.8 million new loans in the quarter ended December, as against 7.4 million a year ago. The new loans booked in the last quarter were the highest ever for the company. The company’s liquidity position remains strong with a consolidated net liquidity surplus of Rs 12,750 crore at the end of the last quarter.

global signal

Australia’s S&P/ASX 200 added 0.42 percent, Japan’s Nikkei 225 added 0.35 percent, while South Korea’s Kospi rose 0.71 percent.

Overnight, the Dow Jones Industrial Average broke a two-day losing streak and rose 0.4 percent; the S&P 500 0.75 percent; and the Nasdaq Composite added 0.69 percent.

In the commodities market, Brent crude fell more than 5 per cent to $78 per barrel overnight, falling nearly 10 per cent in two days, which may support market rally today.

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