Sensex Today | Share Market Live Updates: Indices likely to open higher

Sensex Today | Share Market Live Updates: A sharp rally in information technology stocks took equity indices to record highs on Friday. The Sensex hit a new lifetime high of 72,721 before closing the day at 72,568, up 847 points or 1.18%, while the Nifty closed at 21,895, up 247 points or 1.14%. The Nifty IT index surged 5.27%, the Nifty PSU Bank index 2.7%, and the Nifty Realty 1.6%.

Shares in Asia advanced on Monday, ahead of an expected cut to China’s one year medium term lending facility and in the wake of Taiwan’s election at the weekend. The People’s Bank of China will be in the spotlight as it is expected to trim its MLF rate by 10 basis points, breaking a pause that stretches back to August.

Oil steadied as the risk that airstrikes by the US and allies against the Houthis would ignite a wider conflict and disrupt crude flows from the Middle East was balanced by softening fundamentals. Sensex Today Live: Indices likely to open higher The GIFT Nifty traded at a premium of more than 90 points, indicating a gap up start for the market.

Sensex Today Live: Oil steady as Middle East risks offset by softening fundamentals Brent crude traded near $78 a barrel and West Texas Intermediate was close to $73 even after the US followed up the initial strikes against targets in Yemen with a fresh attack on a radar installation. While the global benchmark was up more than 4% at one point on Friday it ended the session with a relatively modest gain of 1.1%..