Stock Market Live Updates 12 December 2023: Asian equities surge ahead of key US economic data and central bank meetings

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tock Market today| Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 12 December 2023.

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  • December 12, 2023 07:24

    Stock Market Live Updates: Day trading guide for December 12, 2023: Intraday supports, resistances for Nifty50 stocks

    Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

  • December 12, 2023 07:23

    Stock Market Live Updates: Stock to buy today: Century Plyboards (I) (₹737.75) – BUY

    The upmove in the stock of Century Plyboards (I) is gaining momentum. The stock had surged over 7 per cent and closed on a strong note on Monday. This rise has taken it well above the crucial resistance level of ₹710.

  • December 12, 2023 07:00

    Stock Market Live Updates: Asian equities surge ahead of key US economic reports and central bank meetings

    Asian stocks are on the rise before the release of crucial US economic data and key meetings involving major central banks. These events will offer new insights into the possibility of interest rate adjustments next year. Japanese shares began higher following a strong performance on Wall Street, marking its best close in nearly two years on optimistic prospects for the US economy. 

    The Nikkei 225 index opened trading up by 0.73%, or 240.546 points, at 33,032.34, while the broader Topix index increased by 0.38%, or 8.88 points, reaching 2,367.43. South Korea’s KOSPI surged by 0.57%, or 14.29 points, hitting 2,539.65, and Australia’s S&P/ASX 200 climbed by 0.49%, or 35.30 points, reaching 7,234.30.

  • December 12, 2023 07:00

    Stock Market Live Updates: Wall Street closes at fresh 2023 highs as inflation data, Fed eyed

    U.S. stocks registered modest gains on Monday but managed to close at new highs for the year, ahead of major market catalysts this week that include inflation readings and the Federal Reserve’s policy announcement, which will strongly influence investor expectations on the path of interest rates.

    Market watchers increasingly believe the central bank is done with its interest rate hike cycle and could potentially cut rates in the first half of next year. These expectations have helped fuel a rally in equities in recent weeks that sent each of the three major indexes to their highest closing levels of the year.

    The Dow Jones Industrial Average rose 157.06 points, or 0.43%, to 36,404.93, the S&P 500 gained 18.07 points, or 0.39 %, to 4,622.44 and the Nasdaq Composite gained 28.51 points, or 0.20 %, to 14,432.49. – Reuters