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Business News/ Markets / Live Blog/  Sensex Today : Market Highlights : Sensex ends above 400 pts, Nifty at 21,900; Broader markets hold gains
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Sensex Today : Market Highlights : Sensex ends above 400 pts, Nifty at 21,900; Broader markets hold gains

Foreign institutional investors (FIIs) net bought shares worth 518.88 crore, while domestic institutional investors (DIIs) sold 1,188.68 crore worth of stocks on February 5, provisional data from NSE showed.

Sensex Today | Market Highlights: Companies reporting December quarter results on Tuesday, February 6, include Britannia Industries, FSN E-Commerce Ventures (Nykaa), Birla Corporation, Computer Age Management Services, Endurance Technologies, Godrej Properties, JK Tyre & Industries, Lemon Tree Hotels, Max Financial Services, Nazara Technologies, NLC India, Trident, Tata Teleservices (Maharashtra), Welspun Corp and Zaggle Prepaid Ocean Services. Photo: MintPremium
Sensex Today | Market Highlights: Companies reporting December quarter results on Tuesday, February 6, include Britannia Industries, FSN E-Commerce Ventures (Nykaa), Birla Corporation, Computer Age Management Services, Endurance Technologies, Godrej Properties, JK Tyre & Industries, Lemon Tree Hotels, Max Financial Services, Nazara Technologies, NLC India, Trident, Tata Teleservices (Maharashtra), Welspun Corp and Zaggle Prepaid Ocean Services. Photo: Mint

Sensex Today | Market Highlights: Benchmark indices ended higher on Tuesday after slipping into the red momentarily in the morning.

European stocks rose, bolstered by strong results from BP Plc, while global bond markets steadied after the biggest two-day selloff in months.

Battered Chinese stocks leapt to their largest one-day gain in two years on Tuesday and the yuan rose on a slew of signals that authorities are strengthening their resolve to support slumping markets.

The Shanghai Composite jumped 3.2%, its biggest daily gain since March 2022. Trade volume was the highest since May last year.

The blue-chip CSI 300 climbed 3.5% for its largest one-day rise since Nov. 2022, and the small cap index notched its biggest rise since 2008.

Most of the surge happened when traders returned from markets' midday break having digested a volley of helpful headlines.

Bloomberg News had reported President Xi Jinping will discuss the struggling stock market with financial regulators. Regulators also announced further curbs on short selling and state investors said they were expanding their stockbuying plans.

Brent crude futures rose 17 cents to $78.16 a barrel by 0704 GMT, while U.S. West Texas Intermediate crude futures climbed 16 cents to $72.94. Both contracts gained nearly 1% on Monday, rising for the first time in four sessions.

MSCI's broadest index of world shares fell 0.36%. The pan-European STOXX 600 index ended 0.1% lower.

06 Feb 2024, 08:41:01 AM IST

Sensex Today Live : Stocks to Watch Today

Airtel, Ashok Leyland, LIC, Britannia and JFS, are some of the stocks likely to be in focus today. 

06 Feb 2024, 08:27:39 AM IST

Sensex Today Live : Gift Nifty in the red; indicates muted start

At 8:25, Gift Nifty futures was trading at 21,813.50, down 22.50 points, or 0.10%, indicating a muted start for Indian benchmark indices.

06 Feb 2024, 08:19:05 AM IST

Sensex Today Live : Asian shares up; Gift Nifty indicates muted start

Asian shares edged up on Tuesday thanks to a bounce in battered Chinese markets, although investors were cautious after a slide on Wall Street amid diminishing expectations of a near-term Federal Reserve rate cut, which in turn underpinned the dollar.

Shares on Wall Street and in Europe fell on Monday and government bond yields jumped as traders amended their expectations of a near-term U.S. interest rate cut.

The Dow Jones Industrial Average closed down 0.71%, at 38,380.12, as the S&P 500 lost 0.32% to 4,942.81 and the Nasdaq Composite fell 0.20% to 15,597.68.

Federal Reserve Chairman Jerome Powell continued to push back against the prospect of near-term rate cuts, in an interview aired on Sunday.

In Asia, the focus will be on China, where concern over the torpid economy has spilled over into a deepening stock rout.

In the US, Fed Bank of Minneapolis President Neel Kashkari said officials have time to gauge incoming data before easing while his Chicago counterpart Austan Goolsbee reiterated he’d like to see more of the favorable inflation data.

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