Live Market Watch NSE/BSE for 30th Sept: Markets are trading flat, Pharma trading higher
Live Market Watch NSE/BSE: Indian markets opened in positive today as indicated by the Asian markets. The Nifty opened at 11244.45 levels made a gap up of 22.05 points while the Sensex added 95.67 points and opened at 38068.89 levels. The Bank Nifty on spot levels opened at 21405.25 levels made a negative opening of 6.3 points.
At 9.45 am IST, the Nifty and Sensex are trading flat to negative while the Bank Nifty on spot level trading more than 1% down.
Cipla, Dr. Reddy’s lab, and Divis Lab are trading as top gainers in the Nifty index whereas IndusInd Bank, ICICI Bank, and Coal India are trading as top losers. Reliance, Dr. Reddy’s lab, and Bajaj Finance are trading as the most active stocks in the NSE.
On a sectoral basis, Healthcare, FMCG, and Oil & Gas are trading as top gaining sector whereas Banking & Finance, IT & Software, and Power are trading marginally lower.
Indian markets are expected to open in green
Good morning and welcome to the live market watch NSE/BSE, 30th Sept at 8.15 am IST
Asian markets are trading mixed today. Hang Seng and Shanghai are trading higher by 2.12% and 0.05% respectively while Nikkei is trading marginally lower by 0.12%. The SGX Nifty is trading higher by 0.44% giving a positive signal for the Indian BSE/ NSE indices.
Yesterday the US market closed marginally lower ahead of the first presidential debate before the November election. The US market indices Dow and S&P 500 closed lower by 0.48% while Nasdaq was down by 0.29%.
The European markets closed lower on Tuesday as coronavirus cases increased in various parts of the world. Traders have also pressed the cautious button ahead of US presidential nominee Joe Biden and President Donald Trump prepared for their first debate. At close, FTSE and CAC fell 0.51% and 0.23% respectively while DAX closed lower by 0.35% on 29th September.
Back home in India, the NSE/BSE benchmark indices closed flat to negative. The NSE Nifty closed lower by 0.05% while the BSE Sensex was down by 0.02% on Tuesday. FIIs were sellers whereas the DIIs bought in the cash segment yesterday. FIIs sold Rs 1456.66 crores while DIIs bought Rs 576.5 crore in the cash segment on Tuesday, 29th September.
You may also like to read yesterday’s market report here
News that may influence today’s live market NSE/BSE
Finance Minister Nirmala Sitharaman expects the economy has turned for the better in Q2 and Q3 after the contraction of 23.9% in Q1FY21 due to the lockdown. She has also assured that one more stimulus would be announced if necessary. The government is analyzing every area of the economy and constantly exchanging lots of thoughts with the industry said by the FM as per HT
Japan’s factory output hiked in August for the third time in a row. This is a positive sign for the manufacturer and shows a gradual improvement in macro data after the economy dented by the coronavirus pandemics
Chinese factory output extended its growth in September. Its payrolls also expanded for the first time in 2020 and overseas demand also increased. This is as per the survey showed by Private Agency on Monday
SEBI has notified new right issue norms to rationalize the eligibility criteria and disclosure requirements to make fundraising easier, faster, and effective as per Moneycontrol news
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