Stock Market Live Updates: Will Nifty scale up to 24,000? Mixed signals from Asian markets – Market News

Sensex Nifty Today | Stock Market Live Updates: Indian stock markets are expected to open on a positive note today, with Gift Nifty in a green start. In the previous session, the Sensex surged 1.19% to close at 76,348, while the Nifty gained 1.24%, settling at 23,190.

Key market trends to watch

IT stocks in focus: Indian IT stocks, including Infosys, Wipro, and TCS, will be in the spotlight after Accenture reported its second-quarter earnings. The global IT services company posted a 5% year-on-year revenue growth in the December-February period, reaching $16.7 billion. Accenture also adjusted its full-year revenue forecast, narrowing its growth projection to 5-7% from the earlier 4-7%.

Japan’s Inflation cools down: Japan’s inflation showed signs of easing in February. The headline inflation rate stood at 3.7% year-on-year, down from January’s two-year high of 4%. Core inflation, which excludes fresh food prices, also moderated to 3% from 3.2% in the previous month.

Gold Prices hold steady: Gold prices remained firm after reaching an all-time high of $3,057.21 per ounce in the last session. Spot gold traded at $3,043.89 per ounce, while U.S. gold futures edged up 0.3% to $3,051.90. In India, gold prices stayed strong, with 24-carat gold priced at Rs 90,067 per 10 grams and 22-carat gold at Rs 83,110 per 10 grams, as per Goodreturns.

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