First Tick: Here are the top global cues for today’s trade
The GIFT Nifty is trading higher, meaning a good opening of the day. The benchmark S&P 500 jumped to a record closing on Thursday as investors weighed a mixed batch of corporate earnings and digested comments from President Donald Trump that included a call for cuts in interest rates and oil prices.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
Indian benchmark indices, Sensex and Nifty, extended gains from the previous session and ended higher on January 23, albeit off their day’s highs. However, it was the broader markets–which houses small and midcaps, that staged a sharp rebound from yesterday’s selloff, outperforming their larger cap peers.At close, the Sensex was up 115.39 points or 0.15 percent at 76,520.38, and the Nifty was up 50.00 points or 0.22 percent at 23,205.35. Market breadth remained strong, with gainers outnumbering laggards.
Economic or Financial
urning to the economy, things are moving fast today. Stock markets are [up/down/steady] as investors react to [current news—could be earnings reports, government policies, or new economic data]. What does this mean for you? Well, this could have an effect on [things like savings, investments, jobs, or prices of goods]. It’s always good to stay aware of how financial trends impact your everyday life.