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STOCK MARKET TODAY: NIFTY AND SENSEX BRACE FOR A POSITIVE OPEN ON FRIDAY

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  • India’s Nifty and Sensex are set to open higher on Friday, tracking positive global stocks.
  • Nifty and Sensex settled slightly higher on Thursday after losing over 1.0% a day before.
  • US Core PCE inflation came in line with estimates, India’s GDP blewout with 8.4% YoY in Q3.

The Sensex 30 and Nifty 50, India’s key benchmark indices, eye a positive opening on Friday after outstanding India’s growth numbers.

Gift Nifty futures are up nearly 0.25% on the day so far, pointing to an upbeat start while traders could take the positive lead from Wall Street and Asian stock markets.

The National Stock Exchange (NSE) Nifty 50 closed 0.14% higher at 21,982.80 and the Bombay Stock Exchange (BSE) Sensex 30 gained 0.27% on the day to finish at 72,500.30.

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