look news india
The stock market started with a rise on the third day of the week. However, the market opened with slight gains. Then at 9.33, Sensex opened 34.38 points higher at 81,544.43 while Nifty opened with a gain of 20.20 points at 24,630.25. Government and U.S. anchormark stock market indexes opened flat on Wednesday as investors remained cautious ahead of the release of inflation data.
Dr. VK Vijayakumar, chief investment strategist at Geojit Financial Services, said Nifty is in a consolidation range and is likely to remain in this consolidation phase with modest upside in the near term.
global signal
- Asia-Pacific markets were mostly higher on Wednesday, while major Wall Street indexes closed lower on Tuesday. Investors are now eyeing key US inflation data.
- The unemployment rate in South Korea stood at 2.7% in November. At the same time, China will soon begin its annual Work Economic Conference, which will set policies and development goals for the coming year.
- Japan’s Nikkei index fell 0.23%, while Australia’s ASX 200 index was down 0.36%. On the other hand, South Korea’s Kospi index closed with a gain of 0.44%.
- The decline in American markets continued. The Dow Jones fell 0.35% for the fourth consecutive day. The S&P 500 index fell 0.3% and the Nasdaq Composite index fell 0.25%.
