Share Market News Today | Sensex, Nifty, Share Prices LIVE: GIFT Nifty was trading up 103 points or 0.41% at 25,082, indicating a positive opening for the domestic indices NSE Nifty 50 and BSE Sensex. The Asian markets were trading on a higher note on Thursday morning, following the overnight gains in the US markets. Japan’s Nikkei 225 jumped 2.83% to 36,627. The Korean index Kospi was up 1.22% at 2,543.95. Similarly, the Asia Dow was trading 1.15% higher at 3,502.66. The benchmark Chinese index Shanghai Composite rose 0.27% to 2,729.06.
Live Updates
Share market today live updates : Adani Ports in focus
Adani Ports and Special Economic Zone (APSEZ) has signed a concession agreement with DPA to develop Berth No 13 at Deendayal Port, Kandla, Gujarat on Wednesday. According to a statement from APSEZ, DPA Container and Clean Cargo Terminal Limited (DPACCCTL), a wholly-owned company, will manage operations at the berth.
Stock market today live updates : Tata Steel gets 500 million grant funding
Tata Steel signed a £500 million grant funding agreement with the UK government to help speed up the £1.25 billion green steel project at the Port Talbot steelworks factory. The project involves replacing the blast furnaces with electric arc furnace and is expected to help reduce the UK’s industrial carbon emissions by 8% and Port Talbot’s by 90%.
Share market today live updates : US inflation data
The US Bureau of Labor Statistics has released the latest CPI data for August 2024. The annual inflation rate in the US slowed for a fifth consecutive month to 2.5% in August 2024, the lowest since February 2021, from 2.9% in July, and below forecasts of 2.6%. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% on a seasonally adjusted basis, the same increase as in July, the U.S. Bureau of Labor Statistics reported today.
Stock market today live updates : L&T
L&T Semiconductor Technologies, a subsidiary of engineering and construction major L&T, will invest about $300 million (Rs 2,500 crore) over the next three years to set up a fabless semiconductor project. This means that the company will get into designing the chips and make it production-ready, which can then be outsourced to the semiconductor fabs.
Share market today live updates : Wall Street
US markets closed on a higher note on Wednesday after investors analysed the US inflation data. The broader market index, the S&P 500 closed 1.07% higher at 5,554. Similarly, the tech-heavy Nasdaq Composite gained 2.17% to settle at 17,395.53. However, the Dow Jones Industrial Average index advanced 124.75 points or 0.31%, to end at 40,861.71.