Stock market today: Nifty 50 settles above 24,309, Sensex surges 900 points snapping three-day losing streak

Stock market today: Domestic equity benchmarks Sensex and Nifty 50 snapped their three-day losing streak on Wednesday, August 7, tracking strong global cues and a recovery in global markets. The 30-share BSE benchmark surged 900 points and the NSE Nifty settled above 24,300.  The indices began Wednesday on a positive note, following the trend set by other Asian markets, as traders re-evaluated concerns about a US recession. Additionally, domestic real estate stocks surged after the government eased its recently introduced property tax regulations.

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Vidya is an accomplished news writer known for her expertise in transforming complex news stories into engaging infographics. With a sharp eye for detail and a talent for visual storytelling, Vidya makes intricate news captivating for our audience.

Vidya J S

Vidya is an accomplished news writer known for her expertise in transforming complex news stories into engaging infographics. With a sharp eye for detail and a talent for visual storytelling, Vidya makes intricate news captivating for our audience.

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