Sensex Today | Share Market Updates: The Indian stock market is trading more than half a per cent higher on Friday amidst positive global cues and encouraging quarterly earnings reports. Tata Motors and Apollo Hospitals lead the charts, while SBI Life drags. All sectors are in green.

Sensex Today | Share Market Updates: Indian stock markets followed the overnight stock market rally in the US as investors continued to feel optimistic after the Fed opted against raising its main interest rate late Wednesday.

The rupee depreciated 4 paise to 83.26 against the US dollar in the morning session on Friday, tracking a strong American currency overseas and sustained foreign fund outflows.

Financial markets, investors took comments by the Fed’s chair to mean that recent jumps in longer-term Treasury yields were acting like rate-hike substitutes and could obviate the need for more increases by the Fed

Sensex Today Live: Gold prices to get support as central banks maintain historic buying in Q3: World Gold Council

Gold buying by central banks around the world has been at a historic pace lifting the gold demand (excluding OTC) in the July-September quarter at 1,147 tonnes, 8% higher than its five-year average, a latest report said.

According to the World Gold Council’s Q3 Gold Demand Trends report, net central bank buying reached 337 tonnes, which was the third strongest quarter in its data series. However, it failed to break the record 459 tonnes in Q3 2022.

Central banks have bought a net 800 tonnes of gold year-to-date (YTD), the highest on record for that nine-month period.