Sensex at an all-time high of 57,100 as Asian markets trade higher and FTSE 100 fall Business News

India’s Sensex and Nifty indices got off to a good start on Wednesday as both indices hit record highs amid a rally in bank stocks.

The Sensex opened to a new high of 57,763, up 211 or 0.37%, while the Nifty was at 17,185, up 53 points or 0.31%.

Asia-Pacific stock markets were mixed on Wednesday as the spread of the Delta variant continued to worry investors as Wall Street ended August with gains. China, Japan and Hong Kong were up, while Australia traded down.

The main Wall Street indices hovered near record highs Tuesday despite weakness in tech stocks. The Dow Jones Industrial Average rose 37 points, or 0.11%, to 35,437, the S&P 500 fell 0.25 points, or 0.01%, to 4,528, and the Nasdaq Composite lost 18 points , or 0.12%, to 15,247.

London’s FTSE 100 ended lower on Tuesday, mainly due to weakness in financials and commodity-linked stocks, although the blue chip index posted its best month since April.

The FTSE 100 fell 0.4% to its worst session in nearly two weeks, weighed down by a 1.4% drop in banks, while energy and miners fell 1.5% and 0 respectively. , 3%.

The FTSE 100 has gained around 10.2% so far this year, but continues to lag behind its European and US peers as a resurgence of coronavirus cases around the world has raised concerns about a slowdown in global economic growth.

Additional reports by agencies

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This notice was published: 2021-09-01 05:08:39

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