Share Market Live Updates: Sensex, Nifty open at all-time high (File Image)Stock Market Highlights: Indian benchmark indices Sensex and Nifty have made a comeback after slipping in red. the equity indices opened at all-time highs on Thursday (April 4). Sensex opened 492.54 points, or 0.67 per cent higher at 74,369.40 while Nifty opened 144.60 points, or 0.64 per cent higher at 22,579.30.
Banking and metal indices remained top sectoral gainers with all Nifty indices trading in green in the initial hour of the market opening.
International crude oil prices remain elevated on concerns of lower supply and is trading closer to $90 a barrel. Brent crude futures are trading 0.32 per cent higher at $89.63 a barrel while WTI futures are trading 0.30 per cent higher at $85.70 a barrel.
“While this (OPEC+ decision) was widely expected, it provides some assurance that the recent rise in tension in the Middle East has not altered the group’s view on the market,” ANZ analysts said in a note on Thursday, as reported by Reuters.
Stock Market Live Updates: Pharmaceutical index in red
Share Market Live Updates: Nifty Pharma is trading 42.40 points, or 0.22 per cent at 19,113.65
Top losers:
> Torent Pharma, 1.98 per cent down at 2,537.30
> Lupin, 1.24 per cent down at 1,585.45
> Aurobindo Pharma, 1.09 per cent down at 1,125.20
> Biocon, 0.97 per cent down at 269.95
Stock Market Live Updates: Gold price declines by Rs 99 on weaker global cues
Share Market Live Updates: Gold prices declined Rs 99 to Rs 69,700 per 10 grams in futures trade as speculators reduced their positions.
On the Multi Commodity Exchange, gold contracts for June delivery traded lower Rs 99 or 0.14 per cent at Rs 69,700 per 10 grams in a business turnover of 24,408 lots.
Analysts attributed the fall in gold prices to weak global cues
Stock Market Live Updates: Nifty Metal is trading in red
Share Market Live Updates: The Nifty Metal index is trading 0.05 points, 2.70 per cent lower at 8692.25.
Stock Market Live Updates: Sensex, Nifty rebounds after early losses
Share Market Live Updates: Indian equity benchmarks Sensex and Nifty have rebounded after losing their momentum post opening at an all-time high.
BSE Sensex is trading 518.88 points, or 0.72 per cent higher at 74,411.72 while Nifty is trading 141.45 points, or 0.82 per cent higher at 22,575.65.
Stock Market Live Updates: Nikkei index ends higher
Share Market Live Updates: Japan’s Nikkei 225 share average ended higher as investors scooped up stocks following a heavy profit-booking sell-off earlier this week as the new financial year started.
The Nikkei rose 0.81% to close at 39,773.14, after rising as much as 2% to cross 40,000. The broader Topix ended 0.94% higher at 2,732.00.
Stock Market Live Updates: Vodafone Idea slips 3% after shareholder's nod for fundraise
Share Market Live Updates: Shares of telecom major Vodafone Idea have tanked 0.40 points, or 2.95 per cent lower at 13.15 apiece on NSE at 12:30 pm.
Stock Market Live Updates: Top gainers of Nifty Bank
Share Market Live Updates:
> AU Small Finance Ltd, 4.68 per cent up at 633.35
> Bandhan Bank, 2.78 per cent up at 195.80
> HDFC Bank, 2.44 per cent up at 1,518.40
> IDFC First Bank, 1.34 per cent up at 79.45
Stock Market Live Updates: Housing sales rise by 9% annually, says report
Share Market Live Updates: Housing sales rose by 9 per cent annually while office demand increased 43 per cent during the January-March period across eight major cities on better demand for luxury homes and premium workspace, according to property consultant Knight Frank India.
Releasing its 'India Real Estate: Office and Residential Report (January-March 2024)' through a webinar on Thursday, Knight Frank India said housing prices rose in the range of 2-13 per cent annually during January-March across these eight cities - Delhi-NCR, Mumbai, Chennai, Kolkata, Hyderabad, Bengaluru, Pune and Ahmedabad. Office rent grew by 1-9 per cent.
-From PTI
Stock Market Live Updates: Nifty Bank remains in green
Share Market Live Updates: Nifty Bank is trading 232.35 points, or 0.44 per cent higher at 47,840.85
Stock Market Live Updates: Oil prices inch closer to $90/barrel
Share Market Live Updates: Oil prices rose on concerns of lower supply as major producers are keeping output cuts in place and on signs of stronger economic growth in the US, the world's biggest oil consumer.
Brent futures for June rose 31 cents, or 0.4%, to $89.66 a barrel at 0443 GMT. U.S. West Texas Intermediate (WTI) futures for May rose 30 cents, or 0.4%, to $85.73 a barrel.
Stock Market Live Updates: Check top gainers and losers
Share Market Live Updates: Among the Sensex constituents, 28 stocks were trading in green with HDFC Bank, NTPC, PowerGrid, Tata Steel, and Axis Bank being the major gainers.
IndusInd Bank and ICICI Bank were the only two defiants.
Stock Market Live Updates: Market is likely to consolidate in the coming days, says analyst
Share Market Live Updates: According to V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, global and domestic cues indicate that the market is likely to consolidate in the coming days and start responding to Q4 results as they start coming. So, Q4 results will be the next major trigger for the market from a sectoral and stock-specific perspective.
"Market expects good results from autos, capital goods, telecom and select pharmaceuticals. Financials, too, will report good results despite some NIM compression and, therefore, are likely to be favoured by investors," he said.
Stock Market Live Updates: Sensex, Nifty open at all-time high
Share Market Live Updates: Sensex opened 492.54 points, or 0.67 per cent higher at 74,369.40 while Nifty opened 144.60 points, or 0.64 per cent higher at 22,579.30.