The trends on Gift Nifty indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,560 level, a premium of nearly 25 points from the Nifty futures’ previous close.

US: Federal Reserve Governor Michelle Bowman will speak at the Annual Symposium on Building the Financial System of the 21st Century — 4:45 a.m. Rupee appreciated 5 paise to close higher at 84.45 against the US dollar. It opened flat at 84.49 on Friday. The Indian unit closed at 84.50 on Thursday, according to data on Bloomberg.

After two months of intense selling pressure, India’s equity market staged a significant rally on Friday, with benchmark indices BSE Sensex and NSE Nifty 50 sur

The Nifty 50 closed the session with a decline of 0.34%, settling at 23,453 points. The S&P BSE Sensex closed 110 points, or 0.33%, lower at 77,327. Metal stocks surged up sharply after China’s finance ministry last week proposed to reduce or cancel export tax rebates for commodities.

The stock market saw a dramatic surge on November 22, 2024, with Sensex closing 1961 points higher at 79,117 and Nifty rising 557 points to hit 23,907. Strong gains in the finance, FMCG, and IT sectors fueled the rally.

Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Thursday. While BSE Sensex was below 77,200, Nifty50 was below 23,400.

On Indian indices opened lower amid weak global cues. The Sensex dropped by 425.83 points, or 0.55%, to 77,152.55, while the Nifty declined by 156.50 points, or 0.67%, to 23,362.00. A total of 1,060 shares advanced,