Indian stock market live today 14 July- Morning Updates
Market live today 14 July: Indian stock market indexes are trading marginally lower, IT stocks are in focus
Market Live Today 14 July: Indian stock markets opened flat on Wednesday tracking weak global market cues. Nifty opened at 15808.70, down by only 3.65 points whereas Sensex made a positive opening at 52801.44 levels up by 31.71 points. The Bank Nifty spot price made a negative opening of 87.55 points at 35585.85 levels.
At 9.45 am IST, Indian benchmark indexes, Sensex and Nifty are trading marginally lower by 0.17 percent. The Bank Nifty on-spot price is trading 0.50 percent down at this moment.
Tech Mahindra, L&T, and HCL Tech are trading as the top gainers in the Nifty 50 index whereas Maruti, HDFC, and Nestle India are trading as the top losers. The most active stocks in the Nifty 50 index are Adani Ports, Tata Motors, and Tata Steel.
On a sectoral front, IT & Software, Metals, Healthcare, and Capital Goods sectors are trading higher whereas Banking, Finance, FMCG, and Telecom sectors are trading in the red.
Indian stock markets are likely to open in the red today
Good morning and welcome to the Indian stock market live today 14 July, at 7.50 am IST
Asian markets are mostly trading in the red on Wednesday amid negative cues from the U.S markets overnight. Shanghai and Hang Seng are trading lower by 0.64 percent and 0.62 percent respectively while Nikkei is down by 0.23 percent. The SGX Nifty is trading 58 points down at 15776 levels. The indication getting from the Asian markets is negative, the Indian stock markets are likely to open in the red today.
The U.S market indexes fell and bond yields rose on Tuesday as the key inflation announced at 5.4 percent from a year ago, the highest 12-month rate since August 2008. The market indexes Nasdaq Composite and S&P 500 erased all early gains and closed lower by 0.38 percent and 0.35 percent respectively while Dow Jones closed 0.31 percent down on Tuesday.
The European market indexes closed marginally lower on Tuesday as caution crept in ahead of the stary of the US earnings session. The European market index FTSE, CAC, and DAX closed slightly lower by 0.01 percent on Tuesday.
Indian stock market closed higher on Tuesday due to better than economic data and support from global markets. The key benchmark indices, Sensex and Nifty gained 0.76 percent on Tuesday. FIIs and DIIs both were buyers in the cash market segments. FIIs bought Rs 113.83 crore while DIIs bought Rs 344.19 crore in the cash market on Tuesday.
News that may impact the Indian stock market live today 14 July
The US consumer price inflation (CPI) accelerates in June at the fastest pace in 13 years as the recovery from the pandemic gained steam and demand drove up prices. The US labor department on Tuesday said the CPI for the month of June increased 5.4 percent from the previous year, the highest 12-month rate since August 2008.
India’s monthly services exports have largely rebounded after an initial Covid-19 shock, finds a new Commonwealth trade analysis released in London on Tuesday. The 2021 Commonwealth Trade Review concludes that the Commonwealth countries are estimated to have lost up to USD 345 billion worth of trade in 2020, including USD 60 billion in intra-Commonwealth trade.
Today Infosys Q1FY22 result will be announced, traders should remain cautious in the IT sector.
You can visit again to read more updates from the Indian stock market live today, 14 July after the markets get open.
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