Indian Stock Market Today, 27 Jan 2021
Indian stock market today 27 Jan: Markets are trading lower, Metals sector is down 2%
Indian stock market today opened flat amid mixed global cues. The Nifty opened at 14237.95, made an absolute flat opening today while Sensex opened slightly higher by 37.69 points and opened at 48385.28 level. The Bank Nifty on the spot price opened at 31236.25 levels made a positive opening of 37.85 points.
At 9.50 am IST, Sensex and Nifty are trading lower by 0.82% and 0.88% respectively while Bank Nifty on the spot price is trading 1.23% down.
Wipro, Tech Mahindra, and ITC are trading as the top gainers in the Nifty index whereas Tata Motors, Hindalco and Eicher Motors are trading as the top losers. Reliance, Tata Motors, and HDFC Bank are trading as the most active stocks in the Nifty index at this time.
On a sectoral basis, IT & Software, Infrastructure, and Logistic sectors are trading higher whereas Metals, Oil & Gas, Financial, Automobiles sectors are trading in the deep red at this moment.
Indian markets may open positive today
Good morning and welcome to the Indian stock market today 27 Jan 2021 at 8 am IST
Asian markets are mostly trading positive today. Nikkei is trading higher by 0.12% whereas Hang Seng and Shanghai are trading lower by 0.34% and 0.39% respectively. The SGX Nifty is trading 39 points up at this moment, trimmed some early gains. As per the Asian markets cue, Indian markets may open positive today
The U.S stock markets erased all early gains and closed marginally lower on Tuesday, a day after major indexes hit records high. The US market indexes Dow and Nasdaq closed slightly lower by 0.07% while S&P 500 declined 0.15% on Tuesday
Gains in financial services and chemical sectors helped the European markets to close higher on Tuesday. The European indices FTSE and CAC gained 0.23% and 0.93% respectively while DAX closed higher by 1.66% on 26 January.
Indian stock markets closed in the red on Monday due to weak global cues. Nifty and Sensex closed lower by 0.93% and 1.09% respectively on 25 January. Markets were closed on 26 January due to Republic Day celebrations.FIIs and DIIs both were sellers in the cash markets on Monday. FIIs sold Rs 765.30 crores while DIIs sold Rs 387.76 crores in the cash market segment on Monday.
News that may impact the Indian stock market today 27 Jan
The International Monetary Fund (IMF) has projected double-digit growth for the Indian economy in 2021. The IMF in its latest World Economic Outlook Updates released on Tuesday projected an impressive 11.5% growth rate for India in 2021. As per the report, India will be the only major economy in the world to register double-digit growth in 2021 amidst the coronavirus pandemic.
Today’s Q3 result- Axis Bank, Hindustan Unilever, Canara Bank, Emami, Bank of Baroda, HG Infra Engineering, Hindustan Organic Chemicals, Tata Coffee, ICICI Prudential Life Insurance Company, PNB Housing Finance, etc.
You can visit this page again to read more updates on the Indian stocks market today 27 Jan after the market gets open.
You may also like to read, Nifty | Bank Nifty futures prediction for 27 Jan 2021
Weekly Prediction-Nifty and Bank Nifty futures (25-29 Jan)
Happy Investing !!
Editor’s Desk
