Stock Market Today: In the midst of unfavourable international cues, domestic indexes are off to a bad start. In today’s early morning session, the Nifty futures on the Singapore Exchange (SGX) were trading 81 points or 0.44% lower at 18,139.5. Asian markets were trading in the negative, with Hong Kong’s Hang Seng losing 1.65% and South Korea’s KOSPI falling 0.86%. Both the Nikkei 225 and the Shanghai Composite Index in Japan were closed on Wednesday. The Dow Jones Industrial Average (DJIA), the S&P 500, and the tech-heavy Nasdaq all concluded the overnight session in the red as the US market.
Sensex and NSE Nifty50
The BSE Sensex increased 242.27 points or 0.40% to 61,354.71 on Tuesday, while the NSE Nifty 50 increased 82.65 points or 0.46% to 18,147.65. The Bank Nifty index increased by 118.2 points, or 0.27%, to 43,352.1. The Nifty Auto index increased by 93.9 points, or 0.71%, to 13,283.15 while the Nifty IT index soared by 316.8 points, or 1.14%, to 28,025.
Stock Market Today: Asian Market
Asian markets were trading in the negative, with Hong Kong’s Hang Seng losing 1.65% and South Korea’s KOSPI falling 0.86%. Both the Nikkei 225 and the Shanghai Composite Index in Japan were closed on Wednesday. In today’s early morning session, the Nifty futures on the Singapore Exchange (SGX) were trading 81 points or 0.44% lower at 18,139.5.
Shares of this US edtech company halve in a single session
After claiming that ChatGPT is hindering its business growth on Tuesday, shares of the US-based online education company Chegg Inc. dropped 48 percent. Chegg’s current revenue outlook is between $175 million and $178 million, far less than the $193.6 million average projection.
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