Sensex Today: Domestic Markets Start Monday’s Trade with Slim Gains
The domestic markets kicked off Monday’s trading session with marginal gains, influenced by mixed global cues. The S&P BSE Sensex, the primary index, rose by more than 100 points, reaching around the 65,069 levels. Meanwhile, the Nifty50 remained relatively flat above the 19,300-mark.
The broader markets, on the other hand, outperformed the benchmark indices, with the Nifty Midcap 100 and Nifty Smallcap 100 indices climbing up to 0.6%. However, the Nifty Media index was the only sector that experienced a decline, while all other sectors saw positive growth. The Nifty Metal index led the charge, rising up to 0.8%.
In the global market, the US markets closed on a mixed note on Friday. The NASDAQ Composite and the S&P 500 indices declined by up to 0.2%, while the Dow Jones managed to close slightly higher.
On the other hand, the Asia-Pacific markets witnessed a general rise, with the Nikkei 225, Topix, and Kospi indices increasing by up to 0.4%.
In the commodities market, Brent Crude and WTI Crude prices climbed by up to 0.4% to reach $85 per barrel and $81 per barrel, respectively. This increase can be attributed to the slowdown in US output and renewed concerns over the Chinese economic slowdown.
Sensex Today: Key Highlights
|Index||Points Gained/Lost||Percentage Change|
|S&P BSE Sensex||+100||+0.1%|
|Nifty50||No significant change|
|Nifty Midcap 100||+0.6%|
|Nifty Smallcap 100||+0.6%|
Overall, the domestic markets started the week with marginal gains while the broader markets outperformed the benchmark indices. Mixed global cues, along with positive movement in most sectors, contributed to the overall performance. Meanwhile, global markets witnessed a mixed close during the previous week, and the Asia-Pacific markets showed overall positive growth. The prices of Brent Crude and WTI Crude increased due to concerns over the Chinese economic slowdown and a decrease in US output.