Market News 23/09/2024

Today’s Market News :

Indian benchmark indices Sensex and Nifty 50 are likely to open higher on September 23, tracking cues from GIFT Nifty trading near 25,888, a short while ago this morning.
The GIFT Nifty is trading higher, indicating a positive start for the day. Nifty futures were trading at 25,888.

* The Dow closed above 42,000, reaching an all-time high
* All three major indexes gaining over 1% for the week.
* Asian markets opened lower as traders reacted to monetary policy developments in Japan and China,
* Markets in Japan were closed for a public holiday.
* GIFT Nifty indicates a positive start for Indian markets.
* The US 10-year yield rose even after the Fed’s significant rate cut.
* Oil prices continued their upward trend for the second week, driven by a dip in US supply.
* Gold surpassed the $2,600 mark, benefiting from the prolonged effects of the Fed’s rate cut.

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