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07 May 2024, 10:29

Sensex-Nifty rally at opening bell, riding high on global market surge

Sensex-Nifty rally at opening bell, riding high on global market surge

Sensex-Nifty rally at opening bell, riding high on global market surge

Among the Nifty companies, 29 were advancing while 21 were declining. Hindustan Unilever, Britannia, BPCL, ITC, and Coal India led the gains, while Bajaj-Auto, Power Grid, Cipla, Divi's Lab, and JSW Steel were the top decliners.

Stock market today: US stocks climb on solid earnings and rate cut hopes
Matthew Fox
07 May 2024, 03:13

Stock market today: US stocks climb on solid earnings and rate cut hopes

The S&P 500 extended its gains from Friday and capped off its best three-day rally of the year so far.

Investors should load up on defensive sectors like consumer staples as macro data sends mixed signals about the economy, Morgan Stanley says
Yuheng Zhan
07 May 2024, 02:52

Investors should load up on defensive sectors like consumer staples as macro data sends mixed signals about the economy, Morgan Stanley says

Analysts led by Mike Wilson said consumer staples are among the defensive sectors as consumers focus on value amid economic uncertainty.