Stock Market Live Updates Today: Markets open flat; Sensex rises 49 points to 74,200, Nifty at 22,965

Sensex rises over 100 points in early trade, hits 74,358 The BSE Sensex gained 103.73 points, or 0.14%, to 74,254.77 in early trade, after opening at 74,199.69. The index touched an early high of 74,357.55, against its previous close of 74,151.04..Nifty opens 28 points higher at 22,964 The NSE Nifty 50 opened 27.75 points higher at 22,964.50, compared with its previous close of 22,936.75. .Sensex opens flat, 49 points higher at 74,200 The BSE Sensex opened 48.65 points, or 0.07%, higher at 74,199.69 on Friday, compared with its previous close of 74,151.04. .Silver prices slide 2% as precious metals head for monthly losses Silver prices dropped 2.1% to $51.27 per ounce, extending losses amid pressure across precious metals. Platinum fell 1.9% to $1,458.85 per ounce, while palladium declined 2% to $986.08. All three metals were on track to register weekly and monthly losses. .Australian shares hit 7-week high as banks, energy stocks rally; Coles plunges over 10% Australia’s S&P/ASX 200 rose 1.1% to a more than seven-week high, supported by gains in banking and energy stocks as oil prices remained above $100 a barrel. The Big Four banks climbed 0.9% to 1.2%, while energy stocks gained as much as 2.2%. However, supermarket operator Coles plunged over 10% after quarterly revenue missed estimates, dragging the consumer staples sector lower. Investors awaited the Reserve Bank of Australia’s November 3 policy decision amid expectations of a possible rate hike. New Zealand’s benchmark index rose 0.3%. .Japan’s Nikkei plunges 3% as AI investment concerns trigger tech sell-off Japan’s Nikkei share average fell as much as 3 per cent as chip stocks tumbled amid growing concerns over the profitability of artificial intelligence investments. Advantest dropped 9.1%, Tokyo Electron slid 5.6%, while Ibiden plunged 15.2%. The sell-off followed losses on Wall Street after earnings from Amazon and Intel renewed concerns over heavy AI spending. The broader Topix declined 1.3%. Investors also awaited the Bank of Japan’s policy decision, with interest rates widely expected to remain unchanged. .Rupee may gain from weaker dollar, falling US yields; oil surge limits upside The rupee is expected to open flat to marginally higher on Friday as a weaker US dollar and falling Treasury yields offer support. However, a surge in crude oil prices amid renewed supply concerns could limit gains. Traders said the currency’s movement will depend largely on oil prices and Reserve Bank of India intervention in the foreign exchange market. .Asian markets mixed as AI concerns weigh on tech stocks; Nikkei sinks 2.6%, Kospi plunges 5.4% Asian markets traded mixed on Friday as concerns over artificial intelligence-related investments intensified following a sharp sell-off in Alphabet shares on Wall Street. Japan’s Nikkei 225 fell 2.6%, while South Korea’s Kospi plunged 5.4%, dragged down by losses in SK Hynix and Samsung Electronics. Hong Kong’s Hang Seng gained 1.2%, while Australia’s S&P/ASX 200 rose 0.5%. On Wall Street, the Nasdaq Composite dropped 1.4% and the S&P 500 posted its first loss in four sessions.