European and Asian Markets Respond to US Inflation Data Anticipation

VoM News Desk | February 29, 2024 | 04:57 PM IST | Breaking News |

European and Asian Markets Respond to US Inflation Data Anticipation

European shares opened slightly higher, led by gains in materials stocks.
Germany’s benchmark DAX index reached another record high.
Chinese equities and most Asian stock markets climbed.
The U.S. dollar held its ground against European rivals ahead of crucial U.S. inflation data.
Asian-Pacific shares outside Japan rose, while Japan’s Nikkei share average ended slightly down.
Cryptocurrency bitcoin climbed back toward its two-year high.
Wall Street futures were largely flat.
Investors await inflation data from the U.S. and European countries.
Mainland Chinese blue chips jumped amid hopes for more stimulus measures.

Sensex and Nifty Close Higher Amid Choppy Trading

Closing Highlights:

Sensex closed higher, recovering from early-day losses.
Nifty 50 closed in the green after a recovery during the trading session.
IndusInd Bank, Mahindra & Mahindra, and HCL Tech were among the top gainers on Sensex.
HUL, Airtel, and Tata Motors were among the top losers on Sensex.
Adani Enterprises, Adani Ports & SEZ, and IndusInd Bank led the gains on Nifty 50.
Apollo Hospital Enterprises, Bajaj Auto, and LTIMindtree were among the biggest losers on Nifty 50.
Broader markets, Midcap and Smallcap indices, closed higher.
Most sectoral indices ended the day in the green, with PSU Bank and Metal among the top gainers.

VoM News Desk

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