Share Market Live Updates | BSE Sensex, Nifty 50 Today:
- Market Opening: Indian indices, Sensex and Nifty, opened on a positive note, with both benchmarks trading in the green. Asian markets also saw gains, with key indices in Japan and South Korea showing positive movements.
- Gold Prices: Gold prices remained strong, surpassing the $3,000 mark for the first time last week. This was the 13th record high this year, driven by growing trade war tensions and new tariffs imposed by President Trump, prompting investors to flock to the metal as a safe-haven asset.
- US Markets Rebound: Wall Street saw a strong bounce on Friday after a weak start to the week. The Dow Jones surged over 670 points, and both the S&P 500 and Nasdaq rose by more than 2%.
- Fed Meeting in Focus: The US Federal Reserve’s two-day FOMC meeting begins on March 18. With interest rates likely to remain steady, the Fed is also watching rising tariffs that could complicate inflation control. The policy decision will be announced on March 19.
- Crude Oil Prices: Crude oil prices climbed over 1% due to rising tensions. The US confirmed continued strikes against Yemen’s Houthis, an Iran-backed group targeting shipping routes and raising supply concerns. Both Brent and WTI crude gained over a dollar per barrel.
