Market Updates

Nifty and Sensex Soaring High, IT and Auto Sectors Lead the Charge

Sensex and Nifty Today Sept 15, 2023: Indian stock market indices opened higher on Friday, following the gains from Asian markets and other global markets. The Nifty index opened higher by 53.35 points at 20156.45 levels, while Sensex also opened higher by 140.91 points at 67659.91 levels. The Bank Nifty opened positively at 121.3 points at the 46122.15 level.  

 

Sensex, Nifty Live Today 

 

Market Live at 9.30 am IST, the Indian stock market indices, Sensex and Nifty are trading higher by 0.24 percent and 0.22 percent respectively. The Bank Nifty is trading higher by 0.20 percent at 9.30 am IST. The broader markets are outperforming their larger peers, as the Nifty mid and smallcap indexes are trading higher by 0.33 percent and 0.51 percent respectively.

Among the sectors, the Nifty IT, Auto, and Metal sectors are gaining the most while FMCG, Realty, and Media are falling the most.

The top-gaining stocks in the Nifty 50 index are Bajaj Auto, HCL Tech, Coal India, Tata Motors, and Wipro and the top losing stocks are Asian Paints, HUL, Adani Ports, BPCL, and Britannia.

The most active stocks in NSE in terms of value are HDFC Bank, Reliance, and HUL, in terms of volume HDFC Bank, Tata Steel, and ONGC.

 

Asian Stock Market Live Today

 

The other Asian stock market indexes are trading higher on Friday tracking gains from Wall Street overnight and as China’s economic data for August mostly beat analyst’s expectations. The market sentiments got boosted as China’s August retail sales and factory activity data beat expectations, while fixed asset investment grew slightly slower than expected in August. Home prices slipped 0.1% in August as compared to the same period last year.

Hang Seng index extended gains after the data and currently gaining the most in the region, up by 1.56 percent, while the Shanghai index is also trading higher by 0.28 percent. Japan’s Nikkei extended its early gains, up by 1.33 percent, as its investment holding company Softbank shares surged 3 percent after shares of its subsidiary “Arm shares” gained nearly 25 percent in its debut on the Nasdaq. 

Australia’s S&P/ASX 200 and Kospi are trading sharply higher by 1.68 percent and 1.29 percent respectively. Elsewhere, Straits Times, Taiwan, SET Composite, and Jakarta all are participating in the strong rally at 9.15 am IST.

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Also, read  Stock Market Prediction Next Week (11-15 Sept 2023)

                   Nifty and Bank Nifty Prediction for Tomorrow Sept 15, 2023                        

 

Happy Investing!

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