iifl-logo-icon 1

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Markets may start on a positive note

28 Feb 2024 , 08:29 AM

Indian benchmark indices may open today’s session with positive numbers. Yesterday, markets closed in a green territory. BSE Sensex closed 305 points higher at 73,095. NSE Nifty closed with a gain of 76 points at 22,198. 

On the global front, U.S. equities finished about flat on Tuesday, ahead of inflation and other economic data that might give insight on the timing of a Federal Reserve rate decrease. Dow Jones closed 97 points lower. Nasdaq Composite index closed with a gain of 59 points. S&P 500 closed marginally up.

Asian equities were cautious on Wednesday ahead of a US inflation data this week, which might impact the timing of the Federal Reserve's easing cycle. Chinese Shanghai Composite is trading 0.27% higher. Japan’s Nikkei 225 closed with a decline of 0.12%. Hong Kong’s Hang Seng index ended 0.18% lower. South Korean Kospi index was up by 0.45%. Taiwan index is trading down by 0.49%.

Yesterday, top gainers on the nifty index were Tata Motors, TCS, Power Grid, IndusInd Bank, and Sun Pharma. Hero MotoCorp, Bajaj Finance, SBI, Bajaj Finserv, and Divis Lab closed on the flipside.

In limited trade on Tuesday, the rupee fell by 1 paisa to settle at 82.89 versus the US dollar, owing to foreign capital withdrawals and heightened month-end demand for the American currency.

Oil prices fell in early Asian trade on Wednesday, as the expectation of a delayed U.S. rate-cutting cycle overshadowed the lift offered by OPEC+ talks of extending output limits.

Gold prices rose up on Wednesday as US bond rates dropped, but investors looked to a major US inflation report and comments from multiple Federal Reserve members this week for new clues on the central bank's interest rate path.

For feedback and suggestions, write to us at editorial@iifl.com


Related Tags

  • BSE
  • nifty
  • NSE
  • sensex
  • stock market
  • stock market news
  • Stock Market today
sidebar mobile


Read More
Knowledge Centerplus

Logo IIFL Customer Care Number
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

Knowledge Centerplus

Follow us on


2024, IIFL Securities Ltd. All Rights Reserved

  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.