Sensex Today | Share Market Live Updates: Sensex, Nifty to open for special trading session

Sensex Today | Share Market Live Updates: The National Stock Exchange (NSE) and the BSE will hold a special live trading session on Saturday to test their preparedness and resilience. This session will involve an intra-day switch from the primary site to the disaster recovery site for equity and equity derivative segments. The session will be divided into two parts.

The goal of this special session is to evaluate participants’ ability to handle significant disruptions or failures at the primary site and to ensure robust contingency measures are in place.

This transition is crucial for maintaining operational continuity in the event of any unforeseen circumstances impacting the main trading center in Mumbai, ensuring seamless and uninterrupted operations.

On Friday, the domestic equity benchmark indices ended higher, with the Nifty 50 closing above 22,450 level. The Sensex gained 253.31 points, or 0.34%, to close at 73,917.03, while the Nifty 50 settled 62.25 points, or 0.28%, higher at 22,466.10.

Nifty 50 formed a small positive candle on the daily chart with minor upper and lower shadow. “Technically, this pattern indicates a high wave type candle formation. The market has closed above the high of Thursday’s hanging man type candle pattern at 22,432 levels. This is a positive indication,” said Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities.

The US stock market ended mixed on Friday with the Dow Jones closing above the 40,000 mark for the first time and other indexes also scoring weekly gains.

The Dow Jones Industrial Average rallied 134.21 points, or 0.34%, to 40,003.59, while the S&P 500 rose 6.17 points, or 0.12%, to 5,303.27. The Nasdaq Composite ended 12.35 points, or 0.07%, lower at 16,685.97. 

Earlier this week, data indicating softening consumer prices in April raised expectations that the U.S. central bank might cut rates twice this year, starting in September.

However, much will depend on future price pressures, and Fed officials have suggested that U.S. rates may not decrease anytime soon.

 

18 May 2024, 08:45:42 AM IST

Sensex Today Live: JSW Steel, Delhivery, IOC, Bandhan Bank, Zee are the stocks in focus today

JSW Steel, Delhivery, IOC, Bandhan Bank, Zee are the stocks that are likely to be in news during the special live trading session on Saturday. 

18 May 2024, 08:38:00 AM IST

Sensex Today Live: Dow Jones Industrial Average closes above 40,000 for the first time

The Dow Jones Industrial Average closed above 40,000 for the first time. The S&P 500 increased by 6.17 points, or 0.12%, to reach 5,303.27, while the Nasdaq Composite dropped by 12.35 points, or 0.07%, to 16,685.97.

Earlier this week, data indicating softening consumer prices in April raised expectations that the U.S. central bank might cut rates twice this year, starting in September.

However, much will depend on future price pressures, and Fed officials have suggested that U.S. rates may not decrease anytime soon.

For the week, the Dow rose by 1.2%, the S&P 500 climbed by 1.5%, and the Nasdaq advanced by 2.1%.

18 May 2024, 08:28:09 AM IST

Sensex Today Live : Sensex, Nifty to open for special trading session

The National Stock Exchange and the BSE will hold a special live trading session on Saturday to test their preparedness and resilience. This session will involve an intra-day switch from the primary site to the disaster recovery site for equity and equity derivative segments. 

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