Gift Nifty signals weak opening as global markets gain after Fed rate hike
- Gift Nifty traded around 23,349 on 18 September, a premium of 15.60 points, signalling a negative opening.
- On Thursday, the S&P 500 rose 1.1% and Nasdaq 100 gained 1.7% after the Fed's rate hike, its first since 2023.
- Gold held near $4,350 an ounce, while Brent crude fell below $104 a barrel amid eased supply concerns.
- Nifty 50 closed 0.23% higher at 23,270.60, while BSE Sensex ended marginally lower at 74,314.59 on Thursday.
Source: ndtvprofit.com
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