Sensex Today | Stock Market LIVE Updates: Hang Seng rises 2.5%; Trump addresses Congress joint session – CNBCTV18
How is the Sensex Today?
As the global markets open for trading, investors are eagerly awaiting the next moves. The Sensex Today is where we get to know the latest updates on the Indian stock market. As we dive in, we see that the Hang Seng indices have risen to 2.5%, while US markets have fallen, and Asia trade has been mixed. But what’s behind this sudden shift? Let’s explore.
What’s Brewing in the Global Markets?
The current market situation is quite volatile, with various economic indicators throwing up mixed signals. The US Federal Reserve has just cut interest rates, which could lead to a boost in global markets. But at the same time, trade tensions between the US and China are on the rise, casting a shadow over global growth prospects. As a result, investors are looking for safe-haven assets like government bonds and gold. GOLD PRICE TODAY has risen 0.8% to $1,575 per ounce, while the USD/INR exchange rate has settled at 75.50.
What’s the Trade Setup for the Global Markets?
So, what’s the trade setup for the global markets? Here are the highlights:
- Asian markets: The Hang Seng Index has risen 2.5% due to a surge in energy stocks and a dip in the Chinese yuan currency.
- US markets: The Dow Jones Industrial Average has fallen 1.1% amid growing concerns over the global economy.
- European markets: The FTSE 100 has eased back 0.5% as investors await the European Central Bank’s interest rate decision.
- Indian markets: The Nifty 50 index is likely to open flat today, but investors are advised to monitor the Indian rupee, which has slipped 0.15% against the US dollar.
Top 8 Stocks to Buy or Sell on Wednesday
Here are the top 8 stocks to buy or sell on Wednesday, based on the latest Sensex Today updates:
| Stock | Buying/Selling | Reason |
|---|---|---|
| 1. Tata Steel | Buy | Strong Q4 earnings and a potential uptick in steel demand |
| 2. HDFC Bank | Buy | Robust Q3 results and a rise in interest rates |
| 3. Bharti Airtel | Sell | Prone to downgrade amid increasing competition |
| 4. JSW Steel | Buy | Expected price hike in steel products and a strong Q4 outlook |
| 5. ICICI Bank | Sell | Expects share sale to dilute value |
| 6. Axis Bank | Buy | Strong Q4 results and improving asset quality |
| 7. SBI Life Insurance | Sell | Expected decline in life insurance sales |
| 8. Vedanta | Buy | Strong Q4 earnings and a potential pick-up in copper output |
Trump’s Address to Congress: What’s in it for the Markets?
Yesterday, US President Donald Trump addressed the joint session of Congress, highlighting the country’s economic boom and touting the success of his trade policies. The markets are looking for a stimulus package and clarification on the impact of the Section 232 tariffs. USD/INR exchange rate and US Indices are also keeping a close eye on the remarks. What’s the market impact? * remains to be seen.
Conclusion
As we navigate the Sensex Today landscape, it’s essential to stay informed about the global markets. With the Hang Seng index surging 2.5%, the US markets in a slump, and Asia trade mixed, investors must be prepared for a volatile ride. Our top 8 stock picks can help guide you through the choppy waters. Stay updated with our Sensex Today updates for the latest market news and analysis on the Indian stock market, as well as global markets.
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