Indian bourses opened in green on Monday morning, with the benchmarks BSE Sensex and Nifty50 hitting record highs
Sensex Today: Indian bourses opened in green on Monday morning, with the benchmarks BSE Sensex and Nifty50 hitting record highs. The BSE Sensex climbed 387 points to 77,079 levels, while the Nifty50 was 0.39 per cent at 23,411 levels.
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Powergrid, NTPC, SBI, Tata Motors, Axis Bank and Ultratech Cement were the top gainers on Sensex, whereas TCS, Wipro, Infosys and Tech Mahindra were among top losers.
Global Cues
Markets in Asia-Pacific staged a mixed trend on Monday following a robust US jobs report last Friday, an increase in hiring as well as wage growth during May. Meaning, the Federal Reserve is not in a hurry to reduce interest rates.
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Traders anticipate that the Federal Open Market Committee will refrain from cutting rates during its upcoming meeting this week or at the subsequent gathering in July.
Japan’s Nikkei 225 was up 0.47 per cent increase, whereas the broader Topix index saw a rise of 0.68 per cent. Conversely, South Korea’s Kospi experienced a 0.90 per cent decline, while the small-cap Kosdaq slipped by 0.42 per cent.
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Several Asian markets are closed for a holiday on Monday, including Australia, mainland China, Hong Kong, and Taiwan.
