Share Market Live Updates 29 April: The stock market may open with gains today on the first day of the last week of this month. Global cues Sensex-Nifty open on green mark. Because, Asian markets saw a bullish trade on Monday ahead of the US Federal Reserve meeting this week. Whereas, Gifty Nifty is also trading with gains.
Asian Market: First of all, talking about the Asian market, South Korea’s Kospi rose by 0.63 percent and KOSDAQ by 0.94 percent. At the same time, Japanese markets are closed for public holidays.
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Status of Gift Nifty: GIFT Nifty was trading around the 22,650 level, about 95 points higher than the previous close of Nifty futures. These are good signs for Indian stock market indices.
State of Wall Street: Megacap growth stocks rose after strong quarterly results from Alphabet and Microsoft along with moderate inflation data. Because of this, the American stock market closed with a surge on Friday. The Dow Jones Industrial Average rose 153.86 points, or 0.40 percent, to 38,239.66, while the S&P 500 added 51.54 points, or 1.02 percent, to 5,099.96. The Nasdaq Composite rose 316.14 points, or 2.03 percent, to close at 15,927.90.
Shares of Alphabet rose 10 percent, Snap shares rose nearly 28 percent, while Exxon Mobil shares fell 3 percent and Intel shares fell 9.1 percent.