Stock Market Live Updates: Stock market hit record highs, Nifty Bank erodes gain | Business News
Stock Market Today Live Updates: On cues from US, Asian indices and expectations of stronger Q4 earnings season, equity indices hit fresh all-time high on Monday (April 8).
Read More
Indian benchmark indices started the week’s trading session in green territory. BSE Sensex opened 307.22 points, or 0.41 per cent higher at 74,555.40 while NSE Nifty inched 64.60 points, or 0.29 per cent higher at 22,578.30.
“Optimism prevails on Dalal Street as investors prioritize the anticipation of strong Q4 corporate profits in India over the Fed’s rate-cut plans,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.
Meanwhile, Asian indices continued their rally with Nikkei inching 0.68 per cent higher while Kospi nudged 0.26 per cent up.
International crude oil prices tumbled near 2 per cent as tensions in crisis-hit West Asia eased. Brent crude oil is trading 1.54 per cent lower at $89.77 a barrel while WTI is trading 1.50 per cent lower at $85.61 a barrel.
Read less
