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After a sluggish start, the domestic stock market is on a declining track. BSE’s 30-share sensitive index Sensex is down 71 points at 82235. Whereas, NSE’s benchmark index of 50 stocks Nifty has fallen 9 points to 25280. At one time Nifty was at the day’s high of 25347 and Sensex had also touched the level of 82516. Sensex top losers are stocks like Eternal, Indigo, Power Grid, Adani Ports. The decline in these ranges from 1.19 to 2.63 percent. The domestic stock market started with gains on Friday, the last trading day of the week. BSE’s 30-share sensitive index Sensex opened 28 points higher at 82335. Whereas, NSE’s 50-stock benchmark index Nifty managed to open 54 points higher at 25344. The Indian stock market’s benchmark index, Sensex and Nifty-50 are expected to open with gains on Friday after a rise in global markets amid geopolitical tensions and concerns over US President Donald Trump’s Greenland tariff. Asian markets were on a positive note after the US government reversed course on Greenland tariff threats on European allies, while the US stock market rose overnight. Indian stock markets closed higher on Thursday amid signs of easing global geopolitical tensions. The Sensex closed at 82,307, up 397 points or 0.49 per cent. While Nifty closed at 25,289 with a jump of 132 points.
Major global signals for Sensex today
Asian markets traded higher on Friday after an overnight rally on Wall Street as geopolitical tensions eased, and ahead of the Bank of Japan’s interest rate decision. Japan’s Nikkei 225 rose 0.25 percent, while the Topix gained 0.27 percent. South Korea’s Kospi rose 1.11 percent, while the Kosdaq rose 0.74 percent. Hong Kong Hang Seng Index futures indicated a green opening. GIFT Nifty was trading around 25,380, a premium of about 30 points over the previous close of Nifty futures. This indicates a positive start for the Indian stock market indices.
condition of wall street
US stock markets closed higher on Thursday after US President Donald Trump rescinded his threat to European allies to impose tariffs on Greenland. The Dow Jones Industrial Average rose 306.78 points, or 0.63 percent, to 49,384.01, while the S&P 500 rose 37.73 points, or 0.55 percent, to 6,913.35. The Nasdaq Composite rose 211.20 points or 0.91 percent to close at 23,436.02. The Meta share price rose 5.7 percent, Tesla’s share price rose 4.2 percent, Nvidia’s share rose 0.85 percent and Microsoft’s share price rose 1.52 percent. Procter & Gamble’s share price rose 2.6 percent, Abbott’s shares fell 10 percent and GE Aerospace slipped 7.4 percent.
US GDP
The US economy grew slightly faster than initially thought in the third quarter. US gross domestic product grew at an upwardly revised 4.4 percent annual rate, the fastest pace since the third quarter of 2023. Economists polled by Reuters had expected GDP to expand at an unrevised 4.3 percent pace. The economy grew at a pace of 3.8 percent in the second quarter.
US inflation
The US Federal Reserve’s preferred inflation gauge remained relatively stable in November. The personal consumption expenditure (PCE) price index was recorded at 2.8 per cent on YoY basis in November, up from 2.7 per cent in October. From the previous month, the rate was 0.2 percent in both October and November.
gold prices
Gold rose above $4,960 in early trade and is on track for a weekly gain of more than 7 percent, while silver also hit a record high near $97 an ounce. Gold rose 0.5 percent to $4,959.39 an ounce and silver rose 0.7 percent to $96.91, also setting record highs.
dollar
The US dollar was set for its biggest weekly decline in a year. The dollar index, which measures the US currency against six units, was at 98.329 after falling 0.58 per cent in the previous session, for a 1 per cent decline, its worst performance in a week since January 2025. The euro was steady at $1.1751, while sterling was at $1.3496. The yen faltered at 158.50 per US dollar.
crude oil prices
Crude oil prices have fallen nearly 2 percent to their lowest level in a week. Brent futures fell 1.8 percent to $64.06 a barrel, while US West Texas Intermediate (WTI) crude fell 2.1 percent to a one-week low of $59.36 a barrel.
