Market live updates: Sensex, Nifty, & Bank Nifty Spot Price
Market Live 5 July- Nifty trading above 15800 levels, Banks, Auto, stocks are in focus
Market Live 5 July: Indian stock market indexes opened higher amid positive cues from the global market. Nifty opened at 15793.40 levels, up 71.2 points while Sensex made a gap-up opening of 198.22 points at 52682.89 levels. The Bank Nifty spot price opened above 35000 levels, made a positive opening of 201.05 points.
At 9.50 am IST, the key indices Sensex and Nifty are trading higher by 0.63 percent and 0.61 percent respectively. The Bank Nifty on spot price level is also trading higher by 0.85 percent.
Eicher Motors, Bajaj Auto, and Hindalco are trading as the top gainers whereas HDFC Life, Tech Mahindra, and Dr. Reddy are trading as the top losers. The most active stocks in the Nifty 50 index at this moment are Reliance, Tata Steel, and Adani Ports.
On a sectoral basis, barring the Power sector, all other major sectors are trading higher today. The sectors that are helping to trade the market higher are Automobiles, Banking, Infrastructure, Consumer Durables, It & Softwrae and Healthcare.
Indian market indexes are likely to open higher today
Good morning and welcome to Sensex, Nifty, and Bank Nifty spot price live updates today, 5 July at 7.55 am IST
Asian markets are mostly trading in the green on Monday, tracking the positive cues from Wall Street on Friday. Nikkei is trading lower by 0.58 percent whereas Hang Seng and Shanghai are trading almost flat at this moment. SGX Nifty is trading higher by 92 points and trading at 15840 levels. The indication from the SGX Nifty is strong. Indian market indexes, Sensex, Nifty, and Bank Nifty are likely to open higher today
The US.stock market indexes climbed on Friday after the monthly employment report confirmed that the U.S economy continued to recover at a good pace. The US market indexes Dow Jones gained 0.44 percent while S&P 500 and Nasdaq jumped 0.75 percent and 0.81 percent respectively.
European market indexes closed mixed despite better than expected U.S monthly employment data released on Friday. European market Indexes FTSE and CAC closed marginally lower by 0.03 percent and 0.01 percent respectively while DAX closed higher by 0.30 percent on Friday.
Indian stock market snaps four days losing streak on Friday. Indian markets closed higher amid positive cues from the global market peers. The benchmark indices Sensex and Nifty closed higher by 0.32 percent and 0.27 percent respectively while the Bank Nifty spot price ends 0.36 percent higher on Friday. FIIs were the sellers and DIIs were the buyers in the cash market. FIIs sold Rs 982.80 crores while DIIs bought Rs 930.39 crores in the cash market on 2 July.
News that may impact the Sensex, Nifty, and Bank Nifty live today 5 July
According to the RBI data showed on Friday, the country’s foreign exchange reserve surged to an all-time high as it rose by $5.066 billion to touch a record high of $608.999 in the week ended June 25. It had slipped by $4.148 billion to reach $603.933 billion in the previous week due to a fall in gold and currency asset
The U.S monthly employment data released on Friday was better than expected. In the U.S, employers added 850,000 jobs in the month of June, showing a pick-up in the job market activity after it was slowdown down in the previous month. Investors cheered on markets after the data released on Friday. Asian markets may react positively on Monday for strong U.S job data.
The Markit Service and Composite PMI data is expected on Monday at 10.30 am. India’s Service PMI data contracted 46.4 in May, any improvement in the Service PMI will cheer the market today.
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