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May 07, 2024
On May 06, The Sensex closed slightly higher at 73,895.54, gaining 17.39 points (0.02%), while the Nifty ended lower at 22,442.70, down by 33.15 points (0.15%).
US MARKETS
The S&P 500 rose by 1%, crossing its 50-day average price, a significant milestone for many analysts. Strong earnings drove optimism despite worries about trading volume, with most sectors seeing gains.
ASIAN MARKETS
Japan's Nikkei 225 surged by up to
1.6%, returning to trading after a holiday, while Australian shares climbed by
0.7%.
OIL & GAS UPDATES:
Oil climbed 0.5% in early Asian trading, while US stock futures held steady despite Israel rejecting Hamas's ceasefire proposal in Gaza. The US equity benchmark surpassed 5,180 on Monday.
FII/DII DATA:
1. FIIs net SOLD Rs 2,168.75 crore worth shares on 06 May.
2. DIIs net BOUGHT Rs 781.39 crore worth shares on 06 May.
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