Stock Market Today LIVE: Indian equity benchmarks, Sensex and Nifty 50, are expected to open on a positive note on Thursday, tracking firm cues from global markets.
Stock Market Today LIVE: Sensex, Nifty 50 likely to rise at opening following gains in Asian, US markets
Stock Market Today LIVE: Indian equity benchmarks, Sensex and Nifty 50, are expected to open on a positive note on Thursday, February 27 tracking firm cues from global markets.
Early signals from Gift Nifty also pointed to a stronger start for domestic equities. Gift Nifty was trading around the 25,667 mark, indicating an upside of nearly 39 points over the previous close of Nifty futures.
Asian markets traded higher, while US equities ended overnight gains as technology stocks continued their upward momentum. Japan’s Nikkei 225 climbed to a fresh record on Thursday, February 26, supported by what market participants described as the ‘Takaichi trade’.
The Nikkei 225 jumped 1.1% to an all-time high of 59,199.31, marking its third straight session of record closes. The broader Topix index also rallied sharply, rising 1.45% to hit a new peak.
Back home, the Indian stock market had surrendered early gains in the previous session and ended marginally higher on Wednesday. The Sensex added 50.15 points, or 0.06%, to close at 82,276.07, while the Nifty 50 advanced 57.85 points, or 0.23%, to settle at 25,482.50.