Finance

Market LIVE: Sensex is buying and selling flat and leaping over 100 factors within the preparation session. Tata Shopper, GAIL in focus

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Nifty futures traded 87.50 points, or 0.59 percent, higher at 14,801 on the Singapore Stock Exchange. Image: Reuters

Stock market news today | Sensex, Nifty, Stock Quotes LIVE: Domestic Stock Market Benchmarks BSE Sensex and Nifty 50 should have opened in positive territory on Wednesday, as indicated by the SGX Nifty’s early trading trends. Nifty futures traded 87.50 points, or 0.59 percent, higher at 14,801 on the Singapore Stock Exchange. The headline indices closed flat to positive in the last session after a five-day streak of bad luck. Asian stock markets were lower on Wednesday, despite Federal Reserve Chairman Jerome Powell trying to ease some concerns about higher interest rates and inflation. The Australian benchmark index ASX 200 fell over half a percent. The Japanese Nikkei 225 was down 0.91 percent while the Topix index fell 1 percent. US stocks ended flat in Wall Street overnight trading. The Dow Jones Industrial Average ended with a narrow gain of 15 points at 31,537.35, while the broad-based S&P 500 rose 0.1 percent to end at 3,881.37. The tech-heavy Nasdaq Composite Index, however, fell 0.5 percent to 13,465.

India’s GDP could move up 1.3 percent in the third quarter of 2020-21 as the number of cases falls and public spending has started to rise, according to a report. The government will release GDP figures for the October-December quarter of the current budget on Friday. DBS Bank forecast that gross domestic product (GDP) may have been in the black in the final quarter of the 2020 calendar year and said real growth for the full year could be negative 6.8 percent in real terms.

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Steven Gregory