
Stock Market LIVE: Nifty 50 Inches Closer to Record High; Wall Street Tumbles, Asian Markets in the Red
Nifty 50 ended the last session 3,801 points away from its all-time high of 26,277.35.
🔻 Wall Street Woes: Nasdaq plunged 2.6%, Dow Jones slipped 430 points, and S&P 500 dropped 1.8% overnight. Asian markets followed suit, opening in the red today.
📊 Key Events to Watch:
- US to release nonfarm payrolls and trade deficit data.
- European Central Bank to announce its interest rate decision.
📈 Market Trends:
- Nifty 50 is up 1.8% this week.
- Midcap index gained 2.8%.
- Smallcap index rebounded 4.5%, recovering last week’s losses.
🔥 Stocks in Focus: BEL, Laurus Labs, Kalpataru Projects, Gensol Engineering, RVNL, RITES, Brigade Enterprises, and Biocon. Stay tuned for more updates!