Stock Market Updates: Sensex Gains 250 Points, Nifty Tops 25,150; Eternal Up 10%, Swiggy 5%
The benchmark indices, Sensex and Nifty, opened higher today, supported by upbeat global cues
Sensex Today: The benchmark indices, Sensex and Nifty, are expected to open higher today, supported by upbeat global cues, ongoing Q1 earnings announcements, institutional investment trends, and market activity in the primary segment. Additionally, investors will closely track US Fed Chair Jerome Powell's speech for policy signals.
At 8:40 AM, GIFT Nifty futures were up 56 points at 25,183, hinting at a positive start for domestic equities.
Core Sector Output Improves Slightly
India's eight core infrastructure sectors saw modest growth in June, rising 1.7% year-on-year—up from a revised 1.2% in May—according to data from the Department for Promotion of Industry and Internal Trade (DPIIT).
Global Market
Asia-Pacific markets traded higher on Tuesday, buoyed by Wall Street's overnight gains, where major indices hit record highs as investors remained optimistic about corporate earnings despite ongoing tariff concerns.
In Japan, equities climbed as markets reopened following a weekend election that saw the ruling party lose its majority in the upper house. The Nikkei was up 1 per cent, while the broader Topix index gained 0.60 per cent.
On Wall Street, the S&P 500 and Nasdaq Composite closed at fresh record highs on Monday, supported by strong intraday momentum. The S&P 500 edged up 0.14 per cent to 6,305.60, and the Nasdaq rose 0.38 per cent to 20,974.17.
However, the Dow Jones Industrial Average slipped slightly, shedding 0.04 per cent to settle at 44,323.07.
Moreover, investors will keenly watch Fed Chair Jerome Powell's opening remarks at the Integrated Review of the Capital Framework for Large Banks Conference in Washington, DC, for cues on the central bank's policy outlook.
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