Indian stock market live today 10 March 2021
Market live today 10 March: Indian stock market is trading higher, IT & Auto stocks are in focus
Market live today 10 March: It was a positive start for the Indian stock markets today as indicated by the global peers. Nifty opened at 15202.15 levels, up by 103.75 points. Sensex made a strong opening at 51404.68 levels, up by 379.2 points. Bank Nifty on the spot price made a positive opening of 246.6 points and opened at 36112.25 levels.
At 9.45 am IST, Sensex and Nifty are trading higher by 0.66% and 0.62% respectively while Bank Nifty on the spot price is 0.60% up.
IndusInd Bank, Eicher Motors, Bajaj Finance are trading as the top gainers in the Nifty50 index whereas ONGC, UPL, and SBI Life are trading as the top losers. The most active stocks at this moment in the Nifty50 index are Tata Motors, IndusInd Bank, and Reliance.
On a sectoral basis, IT & Software, Automobiles, Consumer Durables, and Financial sectors are trading as to gainers whereas Telecom and Insurance sectors are marginally down at 9.45 am IST.
Indian stock markets are expected to open positive today
Good morning and welcome to the Indian stock market live today 10 March at 7.55 am IST.
Asian markets are mostly trading in the green today tracking the overnight positive cues from Wall Street as falling bond yields eased concerns about surging inflation. The Asian market indices Nikkei is trading flat while Hang Seng and Shanghai are trading higher by 0.46% and 0.40% respectively. The SGX Nifty is trading 67 points higher at this moment. The Indian stock market may open on the positive notes as the indication getting from the global peers.
Technology stocks bounced back on Tuesday in the US markets. The Nasdaq traded to its best session in more than four months after the heavy correction. The US market indices Dow gained 0.10% while Nasdaq and S&P 500 jumped 3.69% and 1.42% respectively on Tuesday.
European markets closed marginally higher on Tuesday after the OECD upgraded growth forecasts for the global economy. This is because of the ongoing success of the vaccine rollout and the US’s huge $1.9 trillion stimulus package. The European market indices FTSE gained 0.17% while CAC and DAX closed higher by 0.37% and 0.40% respectively on Tuesday
Indian stock market closed higher on Tuesday amid mixed global cues. Sensex and Nifty gained 1.16% and 0.95% respectively on Tuesday. FIIs and DIIs both were buyers in the cash market segment. FIIs bought Rs 2801.87 crores while DIIs also bought Rs 1250.22 crores in the cash market segment on Tuesday.
News that may impact the Indian stock market live today
Minister of State for Finance Anurag Thakur of Tuesday said banks have sanctioned loans worth Rs 2.46 lakh crore to about 92 lakh accounts under the Rs 3 lakh crore Emergency Credit Line Guarantee Scheme for the MSME sector.
The domestic rating agency Crisil on Tuesday said India’s GDP growth is expected to rebound to 11% in FY22. This is because people learn to live with the new normal flattening of the coronavirus infection curve, rollout of vaccinations, and investment-focused government spending converge. According to the agency, recovery won’t be easy, with scars of the pandemic deep for small businesses and the urban poor.
You can again visit this page to read more Indian stock market live updates today after the market gets open.
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