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Sensex Today: Indian benchmarks — BSE Sensex and Nifty50 — started at fresh record highs on Friday, led by Infosys and HDFC Bank.
The BSE Sensex hit a record high of 81,587 in early deals, before paring gains to trade at 81,228, down 115 points or 0.15 per cent. The NSE Nifty50, meanwhile, hit a new lifetime high of 24,854, before quoting at 24,750, down 50 points. The indices were weighed by global selling.
Infosys share price moved 4 per cent higher after the company posted better-than-expected Q1FY25 results, and also raised FY25 revenue growth forecast to 3-4 per cent.
In the broader markets, the BSE MidCap index fell 0.7 per cent, and the BSE SmallCap index dipped 0.64 per cent.
Global Cues
In the US, markets closed lower with the Dow Jones leading the losses, down 1.29 per cent, followed by the S&P 500 (down 0.78 per cent) and Nasdaq (down 0.70 per cent). Meanwhile, US weekly jobless claims saw an increase amid seasonal fluctuations, highlighting ongoing volatility in the labour market.
Across Asia, most markets traded in the red. Australia’s ASX200 fell 1.05 per cent, Korea’s Kospi dropped over 1.05 per cent. Japan’s Nikkei, meanwhile, was off lows, and rose 0.11 per cent after the announcement of inflation figures, which met street expectations.