By Admin 
Stock Market News: The stock market started a flat on the fourth trading day of the week. However, the domestic market was seen to have a boom between the expectation of cutting interest rates in the US. The 30 -share Sensex of BSE has jumped around 100 points, while the Nifty is trading by crossing the level of 25,000. However, before the board meeting for buyback, Infosys’ stocks are seen to decline.
Stir in global markets
On the other hand, between trade tension, India and the United States have started a business talks once again, which has increased the trust of investors. US President Donald Trump said on Wednesday that he would talk to Prime Minister Narendra Modi to overcome business obstacles. PM Modi also gave a positive answer to Trump’s statement. After this, progress has been seen in the trade tension released for the last several weeks.
Talking about global markets, China’s CSI 300 index closed up 0.13 percent. South Korea’s KOSPI index closed with a strong 0.57 percent and Japan’s Nikkei 0.61 percent.
Federal Reserve’s decision rested
The Dow Jones index fell 0.48 percent in the US market, while the S&P index gained 0.3 percent. The Nasdaq index also saw a slight rise. The market got additional support due to a loud jump of 36 percent in Orackal shares.
Investors are now eyeing data on the CPI (Consumer Price Index) of the month of August and unemployment claims in early September. Based on these indicators, the American Federal Reserve can take an important decision on the cuts in interest rates, on which the whole world is eyeing.
Also read: India is exploring dollar option amid tariff tension? Learn the answer to the Chief Economic Advisor
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