Markets may start today’s session on a positive note

6 Nov 2023 , 08:41 AM

Indian benchmark indices may start the week with positive numbers. On Friday, markets ended the session with heavy gains. Sensex closed 283 points higher. Nifty 50 ended with a gain of 95 points at 19,231 points.

Globally, US markets ended the session with gains. Dow Jones closed 222 points higher. Nasdaq Composite ended with an upside of 184 points. S&P 500 index closed 41 points higher.

Asian markets are trading with gains in early morning session, trailing the gains in overall markets. Chinese Shanghai Composite is trading 0.58% higher. Hong Kong’s Hang Seng is trading 1.81% higher. Japan’s Nikkei 225 closed with an uptick of 2.41%. Taiwan index was up by 1.30%. South Korean Kospi index is trading with a gain of 4%.

Nifty Bank index closed with a gain of 0.70%. Nifty Midcap 50 stocks ended 0.76% higher.

Apollo Hospitals, Adani Ports, Eicher Motors, Titan, and LTIMindtree emerged as the top gainers on Friday. On the other hand, Bajaj Finserv, SBI Life, Dr Reddy’s, IndusInd Bank, and Bajaj Finance were the top laggards.

On Friday, the rupee rose 2 paise to 83.20 versus the US dollar, mirroring major Asian currencies on a weakening greenback and falling crude oil prices.