Market Updates

Market Live Today: Indian Stocks See Opening Gains Trimmed Ahead of RBI Policy

Indian Stock Market Live Today, 8 Feb 2024: Indian stock market indexes opened higher on Thursday, following the positive global cues. Wall Street closed higher overnight due to optimistic corporate earnings. Asian markets are also mostly trading higher following US markets, while Japan led gains and hit a fresh 34-year high.

The domestic equity indices opened higher ahead of the RBI monetary policy outcome. Nifty today opened higher at 22009.65, up by 79.15 points, while the Sensex made a positive opening of 321.42 points at 72473.42 levels. The Bank Nifty index also opened higher today by 155.35 points at 45973.85 levels.

 

Market LIVE Today at 9.45 a.m. IST

Indian stock market indexes trimmed some opening gains ahead of the RBI policy outcome. Nifty is trading higher by 29 points or  0.14% and trading at 21958, while Sensex is up by 80 points or 0.13% and at 72247 level. Bank Nifty index also erased some early gains ahead of RBI monetary policy outcome and trading by 205 points or 0.44% at 46012 levels.

 

Stock Market Updates Today

 

Among the sectors, barring PSU Bank, Media, and Energy stocks are trading higher while FMCG, Realty, and Auto are in the red.

The top-gaining stocks in the Nifty 50 index are Power Grid, BPCL, Hindalco, HCL tech, and SBI and the top losing stocks are ITC, Britannia, Maruti, Nestle, and Tata Consumer.

The most active stocks in NSE in terms of value are HDFC Bank, SBI, and ICICI Bank, and in terms of volume are Tata Steel, SBI, and HDFC Bank

 

Also, read   Nifty and Bank Nifty Prediction for Tomorrow, 8 February 2024

                   Options Trading Books: Your Ultimate 2023 Guide to Winning Big

 

Happy Investing!

Editor’s Desk