Hello, you’re listening to ET Market Watch, I’m Neha V Mahajan, right here’s your fast 60-second wrap for Monday!
Markets in Inexperienced! Sensex rose 419 factors, Nifty closed above 24,700, driving excessive on Fed price reduce hopes after weak U.S. jobs knowledge.
Markets in Inexperienced! Sensex rose 419 factors, Nifty closed above 24,700, driving excessive on Fed price reduce hopes after weak U.S. jobs knowledge.
IT shares gained 1.6%, benefiting from softer U.S. rates of interest.
Metallic shares jumped 2.5%, due to a weaker greenback.
Auto shares additionally rallied, Hero MotoCorp zoomed 5%, TVS Motor up 2.9%, each on robust July gross sales.
UPL soared 7% after robust Q1 margins.
MCX gained 5% on stable earnings and a inventory cut up plan.
Rupee slipped additional to 87.65/$ on continued FII outflows.
Crude fell. Brent at $68.82, as OPEC+ plans extra provide.
Specialists say: Nifty should break 24,800 for a transfer to 25K. Under 24,600? Warning returns.
International markets cheered seemingly Fed cuts: Asia, US futures up!
That’s it for right this moment. That is ET Market Watch , see you tomorrow!
