Sensex Today
Information technology (IT) shares led the way as Indian stock markets started higher today. The Nifty50 increased 200 points to 25,866 at roughly 10:37 AM, while the Sensex was up 716 points, or 0.86%, at 84,098.59.
The Nifty MidCap index increased by 0.26 percent and the Nifty SmallCap index by 0.04 percent in the wider markets. The Nifty Capital Markets index and the Nifty IT index both increased by 2%.
Worldwide Cues
Overnight, US markets ended the day higher thanks to increases in banking and technology firms. The S&P 500 and Nasdaq increased by 0.26 percent and 0.25 percent, respectively, while the Dow Jones increased by 0.6 percent. Positive labor market statistics, with weekly jobless claims for the week ending January 10 coming in at 198,000, significantly below experts’ projections of 215,000, further bolstered sentiment.
Early trade was mixed with Asian markets. While South Korea’s KOSPI and Japan’s Nikkei had little declines, China’s CSI 300 and Hong Kong’s Hang Seng both saw increases of more than 0.5%.
Following the signing of a significant trade agreement between the US and Taiwan, investors in the region are keeping a close eye on developments in the semiconductor industry. In exchange for reciprocal tariff benefits, Taiwanese chipmakers will invest a minimum of $250 billion in US manufacturing capacity.
