Last Update: January 12, 2023, at 4:02 pm
Shares of Karnataka Bank rallied 20 per cent today and hit a 52-week high on November 2.
Sensex Today: BSE Sensex, Nifty 50 opened on a positive note as global cues turned decently supportive with most Asian indices in green.
Sensex Today: Benchmark indices closed in the negative territory on Thursday ahead of upbeat US inflation data and rising crude oil prices. Key indices Nifty 50 closed at 17,858, down 37 points or 0.21 per cent, while the S&P BSE Sensex closed at 59,958, down 147 points or 0.25 per cent. Market mood remained subdued throughout the day with Nifty 50 down over 100 points at the day’s low of 17,761, while S&P BSE Sensex declined over 450 points to 59,632.
the wider market, too, were subdued in trade smelly Smallcap 100 and Nifty Midcap 100 index broke up to 0.2 percent.
Sectorally, Nifty IT and Nifty Media indices rejected the gloomy sentiments as they rose up to 0.8 per cent. On the flipside, Nifty FMCG and Nifty Bank indices declined up to 0.4 per cent.
Among individual stocks, shares of Nykaa and Paytm declined up to 9 per cent each as their respective counters saw over 20 million shares change hands through block deals.
global signal
Asian stock markets pushed mostly higher on Thursday ahead of US consumer price data that confirmed investors’ hopes of an inflation retreat, while the yen edged up on a report Japan will face the side effects of its ultra-easing policy next week. Will review. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5% and hit a nearly seven-month high, following overnight gains for Wall Street indexes.
Tokyo shares hovered in a narrow band on Thursday as investors awaited the release of US consumer price data, anticipating lower US inflation and less aggressive rate hikes. The benchmark Nikkei 225 index was down 0.03 per cent, or 7.82 points, at 26,438.18 in morning trade. , while the broader Topix index rose 0.14 percent, or 2.62 points, to 1,903.87.
US stocks ended higher on Wednesday, with the S&P 500 and Nasdaq each gaining more than 1%, as investors were optimistic ahead of an inflation report that could give the Federal Reserve room to dial back on its aggressive interest rate hikes. Was.
Oil prices edged higher in early trade on Thursday, building on gains in the previous session as Chinese demand improved and concerns grew over the impact of sanctions on Russian supplies.
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