Sensex Gains 145 pts, Nifty above 18,300; Tata Consumer gains 2%

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Sensex Today: Domestic equity markets opened higher on Thursday as global stocks surged after the US FOMC minutes indicated moderation in monetary policy tightening cycle.

Global Cues

Globally, the US markets rose overnight as growth stocks took the lead. Dow Jones, the S&P 500, and NASDAQ Composite indices climbed up to 1 per cent.

The strength spilled to markets in Asia-Pacific too, as key indices like Nikkei 225, the S&P 200, Topix, Kospi, and Hang Seng advanced up to 1 per cent.

RELATED NEWS

On the commodities front, oil prices skid after G7 nations mulled price cap on Russian oil and higher US crude inventory data. Both Brent Crude and WTI slipped 0.2 per cent to $85 per barrel and $77 per barrel, respectively.

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