Indian stock market live today 27 July- Morning updates
Market Live Today 27 July: Indian stock markets are trading higher, metals and pharma stocks are in focus
Market Live Today 27 July: Indian stock market indexes opened higher amid positive global cues. The Nifty opened at 15860.50, up by 36.05 points while Sensex made a positive opening of 143.45 points at 52995.72 levels. The Bank Nifty spot price opened higher at 35029.30 levels, up by 79.6 points from the previous close.
At 9.40 am IST, the benchmark indices Sensex and Nifty are trading higher by 0.18 percent and 0.25 percent respectively. The Bank Nifty spot price is also trading higher by 0.44 percent.
Hindalco, Tata Steel, and JSW Steel are trading higher in the Nifty 50 index whereas Axis Bank, HCL Tech, and Nestle are trading as the top losers. The most active stocks in the Nifty 50 index in terms of value-wise are Hindalco, Tata Steel, and Tata Motors.
On a sectoral front, Metals, Healthcare, Automobiles, Banking stocks are trading higher whereas the Infrastructure and Power sectors are trading marginally lower.
Indian stock markets are likely to open higher today
Good morning and welcome to the Indian stock market live today 27 July, at 7.50 am IST
Asian markets are mostly trading in the green on Tuesday. Nikkei and Shanghai are trading higher by 0.51 percent and 0.11 percent respectively whereas Hang Seng is trading lower by 0.11 percent. The SGX Nifty is trading 47 points up at 15869 levels. The indications getting from the Asian markets are positive. The Indian stock markets are likely to open higher today.
The US market closed marginally higher ahead of a busy week of earnings from technology shares and Fed’s meeting. The US market indexes, Dow Jones and S&P 500 gained 0.24 percent each while the tech-heavy Nasdaq composite was closed marginally higher by 0.03 percent on Monday.
European stock market indexes closed mostly in the red on Monday. The market sentiments were subdued due to the decline in Dutch technology share on regulatory clampdowns in China. The European market indexes FTSE and DAX declined by 0.03 percent and 0.32 percent respectively while CAC was up by 0.15 percent on Monday.
Indian markets closed marginally lower on Monday amid negative cues from the Asian markets. The key indices, Sensex and Nifty closed lower by 0.23 percent and 0.20 percent respectively. The FIIs were the sellers and DIIs were the buyers in the cash market segment. FIIs sold Rs 2376.79 crore while DIIs bought Rs 1551.27 crores in the cash market on Monday.
News that may impact the Indian stock market live today, 27 July
According to MoS for labor and employment, Rameshwar Teli the country’s unemployment rate for 15 years and above stood at 6%, 5.8%, and 4.8% respectively for 2017-18, 2018-19, and 2019-20. The reduction in rate is due to a number of initiatives taken by the government for promoting employment generation in the country.
According to Moody’s Analytics, the second wave of Covid-19 may have more lasting damage on the Indian economy and exports will once again be the foundation for recovery. In the latest report, titled APAC Economic Outlook: The Delta Roadblock, Moody’s Analytics said social distancing is weighing on the current quarter, but economic recovery will resume by the year-end.
The April-June end quarter corporate earnings of three Nifty50 companies have announced post-market hours on Monday. Tata Motors beat estimates while L&T and Axis Bank’s profit rises but missed street estimates. All there Nifty 50 companies will be in focus today.
You can visit again to read more about the Indian stock market live today, 27 July after the markets get open.
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Happy Investing!!
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