Markets may witness a positive day

31 Jul 2023 , 09:16 AM

Indian stock markets may start today’s session with gains after closing on the negative side in last trading session. Nifty 50 closed at 19,646. Sensex ended the day at 66,160.

Globally, US markets closed on a positive note. Dow Jones ended 177 points higher. Nasdaq ended with a gain of 267 points. S&P ended 44 points higher.

Asian peers closed in green. Chinese Shanghai Composite was 0.60% higher. Hong Kong’s Heng Seng was up by 1.47%. Japan’s Nikkei 225 was trading 1.54% higher. Taiwan index is trading 0.41% lower. Kospi was trading with a gain of 0.85%.

Nifty Midcap 50 stocks closed 0.59% higher. Nifty Bank ended with a decline of 0.46%.

NTPC, Power Grid, Apollo Hospital, Adani Ports, and Mahindra and Mahindra were the biggest gainers in Friday’s session. Bajaj Finserv, HDFC Bank, BPCL, TCS, and HCL Tech were the top laggards.

Oil prices rose to three-month in high in today’s early morning trade. Indian rupee closed at 82.18 against the greenback, down by 26 paise.