Nifty, BSE Sensex Likely To Gain Today

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Nifty, BSE Sensex Likely To Gain Today

By Aditya Raghunath

Investing.com -- It looks like Nifty and BSE Sensex are going to trade higher three days in a row if financial markets across the world are any indication. Both benchmark indices have closed at new records in the last two days, and December 9 doesn’t look any different.

Two major news items in the US are driving global markets. The first one is that lawmakers are drawing closer to a conclusion on another round of a stimulus package to combat the economic impact of the virus as COVID-19 cases surge. The second is the Pfizer-BioNTech vaccine inching closer for approval in the country. 

According to a Reuters report, "Asian shares rose to a record high and U.S. stock futures gained on Wednesday as investors tracked positive news on COVID-19 vaccines and ongoing efforts to launch more fiscal stimulus."

Nifty Futures are trading higher 0.35% in Singapore. Asian markets have opened higher with  Nikkei 225 trading up 1.03% and  KOSPI 50 up 1.33%.

Crude oil and gold are both trading lower. Crude oil lost 0.31% and is at $45.46 because of a rise in US inventory. However, vaccine hopes might just cap losses. Gold is down 0.18% to $1,871.6 as vaccine rollouts are looking promising.

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  • Satish kumar Gupta @Satish kumar Gupta
    ❤️🙏🌹
    Like 0
  • Mohd Azhar @Mohd Azhar
    it's does impact with nifty and sensex today i think not soo
    Like 1

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