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Indian equity indices were muted at the opening bell on Friday
Last week, the BSE benchmark climbed 321.83 points, or 0.40 per cent.
Indian equity indices were muted at the opening bell on Friday.
At opening bell, the BSE Sensex was higher by 28 points, or 0.04 per cent, at 79,569, while the Nifty 50 was at 24,176, down 22 points, or 0.09 per cent.
Global Cues
Asia-Pacific markets, meanwhile, climbed on Friday, following the US Fed’s action.
Japan’s Nikkei 225 climbed 0.3 per cent, while the broad-based Topix rose 0.1 per cent.
South Korea’s Kospi was up 0.7 per cent, and the small-cap Kosdaq gained 1.5 per cent.
Hong Kong’s Hang Seng index advanced 1 per cent, while mainland China’s CSI 300 saw a gain of 1.01 per cent. The Shanghai Composite was ahead by 0.6 per cent.
Australia’s S&P/ASX 200 rose 0.9 per cent.
That apart, shares on Wall Street scaled record highs on Thursday, lifting stock markets around the world, while US Treasury yields retreated further after the Federal Reserve cut interest rates and as investors processed a second Donald Trump presidency.
The S&P 500 rose 0.74 per cent, the Dow Jones Industrial Average was flat, and the Nasdaq Composite jumped 1.5 per cent. The S&P 500 and the Nasdaq both ended at all-time highs for a second consecutive day.
The MSCI index for world stocks climbed 0.9 per cent, also to a record high.
Europe’s broad STOXX 600 index rose 0.6 per cent after Asian shares gained earlier in the day, with even onshore Chinese blue chips rising 3 per cent as investor optimism over potential stimulus outweighed concerns about worsening trade tensions.
