Stock market today: Sensex, Nifty 50 jump 1% each; mid, smallcaps hit record highs; investors earn about ₹3 lakh crore

2 weeks ago 10

1 min read 29 Apr 2024, 03:42 PM IST Trade Now

Stock marketplace today: Sensex closed 941 points, oregon 1.28 per cent, higher astatine 74,671.28 portion the Nifty 50 closed the time astatine 22,643.40, up 223 points, oregon 1 per cent.

Stock marketplace today: Indian banal marketplace benchmarks, the Sensex and the Nifty 50 closed with important gains connected Monday, April 29, led by beardown buying successful banking and fiscal stocks aft upbeat March 4th results of their sectoral heavyweights.

Positive planetary cues besides underpinned affirmative sentiment. Major European markets and the US banal futures roseate arsenic investors shifted their absorption to the Federal Reserve's argumentation determination connected Wednesday and US jobs information connected Friday.

The marketplace seems to person factored successful the anticipation of nary complaint chopped successful the adjacent future. However, the driblet successful the US GDP information for the archetypal 4th has raised the chatter that the Fed whitethorn spell for astatine slightest 2 complaint cuts this year.

Also Read: US Fed conscionable ahead: What bash dimming complaint chopped hopes mean for Indian banal market?

Sensex closed 941 points, oregon 1.28 per cent, higher astatine 74,671.28 portion the Nifty 50 closed the time astatine 22,643.40, up 223 points, oregon 1 per cent.

(More to come)

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Published: 29 Apr 2024, 03:31 PM IST