Scan to Download
Hello and welcome to our live coverage on stock markets
The GIFT Nifty, an early indicator of Nifty 50's performance, traded at 23,989.50. Benchmark indices ended Friday higher, with Nifty 50 closing at 23,719.30, up 0.27%, and Sensex at 75,415.35, up 0.31%. For the week, Nifty rose 0.32% while Sensex gained 0.37%, marking a marginal increase over the period.
Meawhile, Oil prices continued to decline after falling sharply last week, with US crude down over 8% and Brent falling more than 5% during the period. The drop followed comments by Donald Trump that planned US airstrikes on Iran were halted to allow more time for talks. On Monday, WTI crude fell about 5% to $91.65 a barrel, while Brent also declined around 5% to $96.04 a barrel.
Elsewhere, Japan's Nikkei 225 rose 2.75% to 65,081.96, moving past the 65,000 mark for the first time and setting a record high. The Topix index also gained 0.65% during the session. Gains came as easing oil prices lifted risk appetite after reports indicated progress on reopening the Strait of Hormuz. Trading remained closed in Hong Kong and South Korea due to public holidays. U.S. markets were also shut on Monday for Memorial Day.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
