Sensex Today: Indian equity benchmark indices traded largely flat with a mild positive bias on Wednesday, tracking supportive global cues, while volumes were expected to stay light ahead of the Christmas
holiday. Information technology (IT) stocks remained in focus after a US federal judge upheld the H-1B visa application fee.
Around 9:20 AM, the NSE Nifty was trading at 26,194.75, up 19.05 points or 0.07 per cent, while the BSE Sensex stood at 85,593.69, higher by 68.85 points or 0.08 per cent.
Global Cues
Asia-Pacific markets were trading mixed on Wednesday, with several indexes set to close early in the lieu of the Christmas Eve holiday. Last checked, Japan’s Nikkei 225 index was up 0.36 per cent, and South Korea’s KOSPI index was up 0.42 per cent. Australia’s S&P ASX 200 was down 0.58 per cent.
US equity markets settled higher for the fourth consecutive session on Tuesday, with the S&P 500 setting a fresh closing record, after delayed third-quarter GDP number came in better-than-expected. The US economy grew at a 4.3 per cent annual rate during the third quarter. Overnight, the S&P 500 index rose 0.46 per cent, the Nasdaq Composite rose 0.57 per cent, and the Dow Jones Industrial Average 0.16 per cent.
