Stock Market Today: Nifty50 and BSE Sensex, The Indian Equity Benchmark Indices, Opened in Green on Friday on the back of firm global cues. While Nifty50 was Above 25,050, BSE Sensex was up almost 200 points. At 9:17 AM, nifty50 was trading at 25,067.55, up 62 points or 0.25%. BSE Sensex was at 81,732.91, up 184 points or 0.23%.Market Experts Predict This Steady Market Rise will continue, backed by the government’s gst initiatives, Potential Us Fed Rate Cuts, and Positive Developments in Us-India TRADE DISCUSSS.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited Says, “Globally Stock Markets are resilient, Drawing Strength from the new records being set by the mother market us. The US market is bullish on expectations of rate cut from the fed on September 17th. A 25 BP Rate Cut by the Fed is the Near Consensus Now, But Experts Difer on the number of rate cuts after the September cut. Rising inflation in the US, which has come at 2.9% yoy in August, is likely to get worse from the tariff pass through Rising Jobless Claims at 263000 is a clear indication of a weightning labour market. ““In contrast, the macro picture in India is robust. Financial stability as reflected in FD and Cad Numbers, GDP Growth Prospects Remaining Strong and Falling Infiling Are Positive Indicators. Sharp Rise in Demand for Consumer Durables, Particularly Automobiles, will dominate economy and business news. Tarifs. So, watch out for developments on that front. “Major Us Indices Achieved Record Closings on Thursday, Bolsred by Tesla and Micron Technology Gains. Us inflation and Employment data strengthened expectations for federal reserve rate cuts this month. August Saw Us Consumer Price Exced Predictions, with Annual Infection Reaching Its Highest in Seven Months.Asian Markets Joined Worldwide Equity Gains Following Moderate Us Infection Figures and Reduced Employment Numbers, Supporting Federal Reserve Rate Cut Prosteys Next Week.Gold Pries Increased on Friday, Progressing Towards their fourth straight weekly gain, as concerns about Reserve Rate Reduction Next Week.Oil Pries Declined Slightly on Friday Following Significant Drops in the Previous Session, Due to Worries about Potential Us Demand Reduction and General Ooversupply, General Oveersup Disrupttions from Middle East Conflicts and The Ukraine War.Foreign Portfolio Investors Sold Shares Worth Rs 3,472 Crore Net on Thursday, Whilst Domestic Institutional Investors Made Net Purchasses of Rs 4,046 Crore.(Disclaimer: recommendations and views on the stock market and other asset classes give by experts
