By Admin 
Share Market Updates: The Indian stock market had a sluggish start on Wednesday, the third trading day of the week. At around 9:20 am, the 30-share BSE Sensex was up 0.08 per cent or 68.85 points at 85593.69, while the NSE Nifty was seen trading at 26194.75, up 19.05 points or 0.07 per cent.
Meanwhile, if we talk about the top losers and gainers of Sensex during this period, the gainers included NTPC, Bajaj Finance, Adani Ports, Trent, BEL, Kotak Mahindra Bank and Axis Bank, which gained 0.74 percent. At the same time, in the list of losers were IT stocks like Infosys, Tech Mahindra and HCL Technologies, which declined by up to 0.8 percent. The broader market also saw a rise, Nifty Midcap 100 rose by 0.24 percent and Nifty Smallcap 100 rose by 0.38 percent. Sectorally, Nifty Realty and Nifty Media were the biggest gainers, rising 0.91 per cent and 0.55 per cent respectively.
condition of global markets
Mixed business was seen in Asian markets on Wednesday. Due to Christmas Eve holiday, many indexes closed early. By the end, Japan’s Nikkei 225 index was seen up by 0.36 percent and South Korea’s KOSPI index was seen trading up by 0.42 percent. However, Australia’s S&P ASX 200 was down 0.58 percent.
At the same time, the American stock market closed at a high level for the fourth consecutive session. The S&P 500 set a new closing record due to better-than-expected GDP data in the third quarter. In the July-September quarter, America’s GDP increased by 4.3 percent compared to the same period last year. Due to this, the S&P 500 index gained 0.46 percent overnight, the Nasdaq Composite also rose by 0.57 percent and the Dow Jones Industrial Average rose by 0.16 percent.
America’s GDP
In the July-September quarter, America’s GDP grew at the rate of 4.3 percent on an annual basis. This is more than the 3.8 percent recorded in the second quarter. This data of America’s GDP was to be published on October 30, but it was delayed due to the shutdown of 43 days. In the third quarter, America’s economy was supported by increasing consumer spending, increase in exports, and increased spending on business.
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