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Business News/ Markets / Live Blog/  Market Highlights: Sensex, Nifty end higher amidst positive global cues; Titan, Apollo Hosp shine; Bajaj Finserv shed
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Market Highlights: Sensex, Nifty end higher amidst positive global cues; Titan, Apollo Hosp shine; Bajaj Finserv shed

1 min read . Updated: 03 Nov 2023, 03:35 PM IST
Vijay Kishore

Share Market Updates: The Indian stock market continued its forward momentum on Friday amidst positive global cues and encouraging quarterly earnings reports. Titan, Tata Motors and Apollo Hospitals led the charts, while SBI Life dragged. All sectors ended in the green.

Sensex Today | Share Market Updates: Global cues and earnings reports to drive sentiments (iStock)Premium
Sensex Today | Share Market Updates: Global cues and earnings reports to drive sentiments (iStock)

Indian stock markets followed the overnight stock market rally in the US anded ended around 0.45% higher with all sectors contributing to the rally on Friday. Realty and Media jumped the most, while heavyweights like Bank and IT gained around half a per cent.

Asian equities extended a global rally Friday as investors were caught up in a wave of optimism that the Federal Reserve has finished its cycle of interest rate hikes, with eyes now on the release of US jobs data.

India's October services PMI fell to a 7-month-low mark of 58.5 indicating weakening business sentiments amid rising inflation, according to a monthly survey revealed on Friday.

The rupee depreciated 4 paise to 83.26 against the US dollar in the morning session on Friday, tracking a strong American currency overseas and sustained foreign fund outflows.

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