Market Live Updates: Sensex, Nifty erase early gains turn flat

July 17, 2023July 17, 2023 admin

Market LIVE Updates Today July 17, 2023: Indian stock market indices opened higher on Monday tracking the mixed global cues. The Nifty index opened higher by 47.65 points at 19612.15 levels, while Sensex also opened higher by 87.28 points at 66148.18 levels. The Bank Nifty made a positive opening of 131.9 points at the 44951.20 level.

Stock Market Live Today

Market Live at 9.40 am IST, the Indian stock market indices, Sensex and Nifty are trading slightly higher by 0.04 percent and 0.10 percent respectively. The Bank Nifty is trading marginally lower by 0.10 percent at 9.40 IST. The broader markets are outperforming their larger peers, as the Nifty mid and smallcap indexes are trading higher by 0.57 percent and 0.98 percent respectively.

Among the sectors, Media, Pharma, and IT are trading as top gainers while Financial Services, Bank, and Auto sectors are in red

The top-gaining stocks in the Nifty 50 index are Adani Enterprise, Adani Ports, Dr. Reddy, Wipro, and LTIM and the top losing stocks are Hero Motor, HDFC Bank, Bharti Airtel, Tata Motors, and ICICI Bank

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

Today’s Quarterly Results- HDFC Bank, LTIM, and Tata Elxsi will announce their Q1FY24 earnings.

Asian Stock Market Live Today

The other Asian stock market indexes are trading mixed on Monday, as China’s economy grew at 6.3%, lower than economists’ expectations. The Shanghai index is trading lower by over 1 percent. Kospi is trading lower ahead of the release of the June trade data. Nikkei is not trading today due to a holiday on account of Marine Day. Hang Seng may not open today due to a Typhoon warning. Other indexes like Taiwan, SET Composite, and Jakarta are trading in the green at this time.

Also, read Gift Nifty: The Rebranded SGX Nifty Starts Trading July 3rd

Stock Market Prediction Next Week (17- 21 July 2023)

Happy Investing!

Editor’s Desk