Market Updates

Nifty and Sensex Surge on Positive Global Signals, Metal Sector Leads

Sensex and Nifty Today Sept 29, 2023: Indian stock market indices opened higher on Friday, following the positive cues from Wall Street overnight and Asian Markets. The Nifty index opened higher by 57.65 points at 19581.20 levels, while the Sensex made a gap-up opening of 231.61 points at 65743.93 levels. The Bank Nifty also opened higher at 144.4 points at the 44445.35 level.  

 

Sensex, Nifty Live Today 

 

Market Live at 9.30 am IST, the Indian stock market indices, Sensex and Nifty are trading higher by 0.19 percent and 0.22 percent respectively. The Bank Nifty is trading higher by 0.21 percent at 9.30 IST. The broader markets are outperforming their larger peers, as the Nifty mid and smallcap indexes are trading higher by 0.50 percent and 0.46 percent respectively.

Among the sectors, Metal, Energy, and Realty are gaining the most while the IT sector is trading in the red.

The top-gaining stocks in the Nifty 50 index are NTPC, Hindalco, Coal India, ONGC, and UPL and the top losing stocks are Infy, Asian Paints, HCL Tech, Wipro, and LTIM

The most active stocks in NSE in terms of value are L&T, HDFC Bank, and Infosys, in terms of volume Tata Steel, Power Grid, and Wipro.

 

Asian Stock Market Live Updates Today

 

The other Asian stock market indexes are trading higher on Friday following the gains from Wall Street overnight. South Korea’s Kospi is not trading today due to a public holiday. The Shanghai Index is also closed for the weeklong holiday and will resume after 8 October.

Japan’s Nikkei reversed early losses, as Tokyo inflation eased and Tokyo Core inflation came better than expected. Other data showed Industrial production was flat, while retail sales came better than anticipated in August. Hang Seng is gaining the most in the region, up by 2.37 percent at 9 a.m. IST. Australia’s S&P/ASX 200 also extended its early gain and is trading higher by 0.40 percent.

 

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Also, read  Nifty and Bank Nifty Prediction for Tomorrow Sept 29, 2023

                 Stock Market Prediction Next Week (25- 29 Sept 2023)     

                 

Happy Investing!

Editor’s Desk