US markets witnessed incessant profits on Thursday as S&P 500 traded at 0.58 percent higher resulting to 5,134.55, a fresh record amidst the 52-week scale. The Nasdaq Composite soared 0.68 percent at 16,140.31 further indicating hope for rate cuts in the ongoing fiscal year. The Dow Jones Industrial Average hiked by 0.44 percent at 38,829.84. The GIFT Nifty indicated green levels at global cues i.e., 0.20 percent at 22,593.50.
European markets grew by surpassing the threshold 8000 mark, trading at an increasing rate of 0.72 percent at 8,012.16. The Dax stated 0.51 percent higher at 17,799.24 and the FTSE witnessed growth of 0.30 percent at 7,702.08.
At the opening bell, Nifty remained unchanged at 22,493.55 while Sensex traded at a soaring rate of 74,119.39 due to improved foreign inflows and driven US Market trends.
The Nikkei lagged down 1.23 percent to 39,598.71 while the Yen traded high with better wage rate in Japan. The Hang Seng lowered 1.27 percent to 16,229.78 despite good performance of tech stocks at the intraday trading.
DIIs recorded a net purchase of Rs 2,601.81 crores and the FIIs/FPIs consolidated Rs 7,304.11.
Crude dipped into red on Thursday post a bullish stint on Wednesday. WTI Crude went down to 78.38 and Brent Crude deceased to 0.74 percent at 82.35.
