Markets may open with flat numbers

23 Nov 2023 , 09:01 AM

Indian benchmark indices may start today’s session with muted numbers. Yesterday, markets closed on a positive note. Sensex ended with a gain of 92 points at 66,023. Nifty 50 closed 28 points higher at 19,812.

On the global front, US markets ended the previous session with gains as investors are optimistic on Fed interest rate hike. Dow Jones closed 185 points higher. Nasdaq Composite ended with a gain of 66 points. S&P 500 index closed 18 points up.

Asian markets are trading in a mixed sentiment today. Chinese Shanghai Composite is trading 0.08% higher. Hong Kong’s Hang Seng is trading 0.37% lower. Japan’s Nikkei 225 closed with a marginal decline of 0.09%. Taiwan index ended 0.14% lower. South Korean Kospi index is trading flat.

Nifty Midcap 50 stock closed 0.11% lower. Nifty Bank ended 0.55% lower.

BPCL, Cipla, Bajaj Auto, Infosys, and NTPC ended the previous session as the top gainers. IndusInd Bank, Kotak Bank, Adani Ports, Hindalco, and Adani Enterprises were the biggest laggards.

On Wednesday, the rupee held in a tight range and fell 4 paise to 83.32 versus the US dollar, mirroring a strong US currency offshore. After OPEC+ postponed a ministerial meeting, oil prices dropped 1% in early trade on Thursday, extending losses from the previous session.

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