Stock Market Today LIVE: The Indian stock market is likely to open lower on Friday, tracking losses in global markets, as technology and chip stocks crashed on renewed concerns over artificial intelligence (AI) stocks. Investors may also resort to profit booking after six straight days of rally.
The trends on Gift Nifty also signal a negative start for the Indian benchmark indices, Nifty 50 and Sensex, today. The Gift Nifty was trading around 24,413 level, a discount of nearly 175 points from the Nifty futures' previous close.
Asian markets tumbled, weighed down by semiconductor stocks. Japan's Nikkei entered a bear market territory, while in the US, Nasdaq Composite plunged into correction territory on fears of tougher AI regulation.
Meanwhile, crude oil prices rebounded after the selloff, with Brent oil above $99 a barrel.
Stay tuned to this segment for live updates on the Indian stock market today.
Stock Market Today LIVE: Wall Street Crashes; Nasdaq In Correction
US stock market ended sharply lower on Thursday, with the Nasdaq notching its biggest one-day drop in 19 months, as fears of tougher AI regulation sent chip stocks tumbling.
The Dow Jones Industrial Average plunged 3.44% to 51,523.06, while the S&P 500 slumped 4.36% to end at 7,353.73. The Nasdaq closed 5.52% lower at 24,315.00.
Stock Market Today LIVE: Asian Markets Slip; Nikkei Enters Bear Territory
Asian markets traded lower on Friday, following a sharp sell-off on Wall Street overnight. Japan’s Nikkei 225 plunged 6.23%, entering bear market territory, while Topix slipped 5.10%. South Korea’s Kospi tanked 7.32% and Kosdaq shed 6.41%. Hong Kong’s Hang Seng index futures indicated a lower opening.
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Stock Market Today LIVE: Sensex, Nifty 50 Jump 2% On Thursday, Extend Rally To Sixth Session
On Thursday, the domestic equity indices extended rally to the sixth consecutive session. The Sensex jumped 2,008.61 points, or 2.60%, to close at 79,310.01, while the Nifty 50 settled 576.00 points, or 2.40%, higher at 24,536.60.
Stock Market Today LIVE: Gift Nifty Signals Negative Start For Market
The trends on Gift Nifty also signal a negative start for the Indian benchmark indices, Nifty 50 and Sensex, today. The Gift Nifty was trading around 24,444 level, a discount of nearly 143 points from the Nifty futures’ previous close.
Stock Market Today LIVE: Sensex, Nifty 50 Likely To Open Lower
The Indian stock market is likely to open lower on Friday, tracking losses in global markets, as technology and chip stocks crashed on renewed concerns over artificial intelligence (AI) stocks. Investors may also resort to profit booking after six straight days of rally.
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