Indian stock market live updates today 1st Jan 2021
Indian Stock Market live 1st Jan 2021- Sensex and Nifty are trading higher
Market Live 1st Jan 2021 at 10.05 am: Indian stock market today opened positive as indicated by the SGX Nifty in the morning. Nifty opened at 13996.10 level, up by 14.35 points while Sensex made a positive opening of 33.95 points at 47785.28 level. The Bank Nifty on the spot level also opened positive at 31297.30 level, up by 33.25 points.
At 10.05 am IST. Nifty and Sensex are trading higher by 0.31% and 0.34% respectively while Bank Nifty on the spot levels trading 0.14% up.
M&M, UPL, and TCS are trading as top gainers in the Nifty index whereas Sun Pharma, Hindalco, and SBI life are trading as the top losers. Reliance, TCS, and Infosys are trading as the most active stocks in the NSE at this moment.
On a sectoral basis, Capital Goods, Financials, and IT sectors are trading higher on the losing side Aviation and Metals are trading marginally lower.
Indian stock market may see a positive opening on the 1st day of the year 2021
Good morning and welcome to the Indian stock market live today 1st Jan 2021, at 8 am IST
First of all, we wish all our readers a very Happy New Year 2021. Asian markets are mostly closed today due to the New Year Holiday except for SGX Nifty. At this moment SGX Nifty is trading higher by 14 points higher. Indian stock market may see a positive opening on the first day of the year 2021.
The U.S stock markets closed in the green on the final trading session of the clamorous year 2020. The U.S market index Dow and S&P 500 closed higher by 0.65% and 0.64% while Nasdaq closed 0.14% up on Thursday.
The European markets slipped on Thursday due to tighter coronavirus restrictions in Britain and higher U.S tariffs on some EU products dampened spirits on the last day of 2020. The European market indices FTSE and CAC closed lower by 1.45% and 0.86% respectively on 31 December 2020.
Indian stock market indices Sensex and Nifty closed absolutely flat on Thursday. The FIIs were the buyers and DIIs were sellers in the cash market. FIIs bought Rs 1135.59 crore and sold Rs 257.64 crore in the cash market segment on Thursday.
News that may impact the Indian stock market live today 1st Jan 2021
The fiscal deficit for April-November 2020 increased to Rs 10.76 lakh crore or 135% of the full-year budgeted target of 7.96 lakh crore. This is due to the government’s finances continuing to be stretched on lower revenues arising from the coronavirus pandemic and economic slowdown.
The rating agency ICRA has projected that the Indian economy will grow at 10% in the financial year 2021-22. For the FY 2020-21, according to the ICRA India’s GDP growth will be -7 to -7.9% as against 4.2% growth in the last year.
You can again visit this page to read more Indian stock market live updates for today 1st January 2021 after the market gets open.
You may also like to read, Bank Nifty futures & Nifty futures prediction for 1 Jan 2021
Nifty, Banknifty share price target for (28 Dec to 1 Jan 21)
Happy Investing!!
Editor’s Desk
