Market LIVE Today, 7 Feb: Nifty & Sensex Surge, but Gains Trimmed – What’s Next?

 

Indian Stock Market Live Today, 7 Feb 2024: Indian stock market indexes opened a gap-up on Wednesday, following the positive global cues. The market sentiments are positive as the US markets closed in the green overnight due to optimistic corporate earnings. Asian markets are also mostly trading higher following Wall Street and as China took measures to arrest a recent sell-off in its equities in the previous session.

The Nifty today opened higher at 22045.05, up by 115.65 points, while the Sensex made a positive opening of 362.4 points at 72279.17 levels. The Bank Nifty index also opened a gap-up today by 253.8 points at 45944.60 levels.

 

Market Live Today at 10.10 a.m. IST

 

Indian stock market indexes trimmed some intraday gains at this moment. Nifty is trading higher by 61 points  or  0.29% and at 21995.30 , while Sensex added 187 points or 0.26% and at 72396 levels. Bank Nifty index is trading higher by 184 points or 0.41% and at 45875.

The broader markets are outperforming the benchmarks, as Nifty midcap index is up by 251.40 points or 0.52 % and at 49246, while the smallcap index is gaining at 140 points or 0.84 % and at 16585.95 levels.

 

Stock Market Updates Today

 

Among the sectors, Realty, PSU Bank, and Energy are the top gaining sectors, while IT, FMCG, and Auto are in red.

The top-gaining stocks in the Nifty 50 index are HDFC Life, SBI, Coal India, Adani Enterprise, and Axis Bank and the top losing stocks are Infy, Power Grid, Britannia, HCL Tech, and Eicher Motors.

The most active stocks in NSE in terms of value are SBI, HDFC Bank, and TCS and in terms of volume are Tata Steel, SBI and Power Grid.

 

Also, read  Stock Market Prediction Next Week (5 – 9 Feb 2024) – Analysing the Trend

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Happy Investing!

Editor’s Desk