Indian stock market today | Market live 4 March 2021
Indian stock market live today 4 March | Key Indices are trading lower, metals, banking sectors are the top loser
Market live today 4 March: Indian stock market made a gap down opening today amid weak global cues. Nifty opened at 15026.75 levels, down by 218.85 points while Sensex made a negative opening of 632.51 points at 50812,14 levels. The Bank Nifty on the spot price also opened in the red today at 35575.65 levels, down by 792.4 points.
At 9.45 am IST, Sensex and Nifty are trading lower by 1.70% and 1.65% respectively while the Bank Nifty on the spot price is trading 2% down
ONGC, Adani Ports, and Infosys are trading as the top gainers in the Nifty50 index whereas Tata Steel, JSW Steel, and Hindalco are trading as the top losers. The most active stocks in the Nifty50 index at this moment are Adani Ports, Infosys, and Tata Motors.
On the sectoral front, Consumer Durables, Power and Logistic sectors are trading marginally higher whereas Metals, Banking & Finance, Automobiles, and Oil & Gas sectors are trading lower at this moment.
Indian stock market may open in the red today
Good morning and welcome to the Indian stock market live today, 4 March at 8 am IST
Asian markets are mostly trading in the red today tracking negative cues from Wall Street. Nikkei and Hang Seng are trading lower by 1.90% and 1.33% respectively while Shanghai is trading 1.27% down. The SGX Nifty is trading 225 points down at 15069 levels. The indication getting from the global peers is negative for the Indian stock market today. Indian Markets may open in the red today.
In the US market, the technology stocks fell sharply again on Wednesday as the government bond yield ticked higher and concerns about inflation. The US market indices Nasdaq and S&P 500 declined 2.70% and 1.31% respectively while Dow was closed lower by 0.39% on Wednesday.
The European markets closed marginally higher with the gains in economy-sensitive sectors offset by a rise in bond yields. The European market indices FTSE gained 0.93% while CAC and DAX closed higher by 0.35% and 0.29% respectively on Wednesday.
Indian stock market made strong gains on Wednesday as India’s service sector output grows at the fastest rate in February. The key indices Sensex and Nifty gained 2.28% and 2.19% respectively. FIIs and DIIs both were buyers in the cash market segments. FIIs bought Rs 2088.7crores while DIIs also bought Rs 392.91 crores in the cash market segment on Wednesday.
News that may influence the Indian stock market live today 4 March
India’s cotton exports are likely to rise 50% this year to 75 lakh bales in 2020-21 corp year beginning October. This is due to the revival in global demand from China and Bangladesh in the last month according to the trade bodies.
On Wednesday the Commerce and Industry Minister Piyush Goyal said the need for an hour is to reduce logistics cost in the country as India cannot be competitive if the costs remain high.
He also said the investments in the Sagarmala project will boost the country’s maritime infrastructure, expand freight corridors, make freight most cost-effective and bring down the current logistic cost which is estimated to be about 13-14% according to economictimes.timesofindia.com news.
You can visit this page again to read more news on the Indian stock market today 4 march after the opening bell.
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