Nifty and Sensex Trade Lower as IT and Realty Sectors Weigh
Sensex and Nifty Today Aug 18, 2023: Indian stock market indices opened lower on Friday tracking the negative cues from the global markets. The Nifty index opened lower by 63.5 points at 19301.75 levels, while Sensex also opened lower by 125.31 points at 65025.71 levels. The Bank Nifty made a negative opening of 166.6 points at the 43724.75 level.
Sensex, Nifty Live Today
Market Live at 9.35 am IST, the Indian stock market indices, Sensex and Nifty are trading higher by 0.30 percent and 0.32 percent respectively. The Bank Nifty is trading flat to negative at 9.35 am IST. The broader markets are trading mixed, as the Nifty mid-cap index is trading slightly higher by 0.08 percent, while smallcap index is trading lower by 0.12 percent.
Among the sectors, PSU Bank, Media, and Pharma are trading higher while IT, Realty, and Energy sectors are dragging the markets.
The top-gaining stocks in the Nifty 50 index are Dr. Reddy, L&T, Cipla, Axis Bank, and Maruti and the top losing stocks are Coal India, TCS, Wipro, Hero Motors, Bajaj Auto, and HDFC Life
The most active stocks in NSE in terms of value are HDFC Bank, SBI, and ICICI Bank in terms of volume SBI, Tata Steel, and HDFC Bank.
Asian Stock Market Live Updates Today
Asian stock market indexes are trading lower on Friday tracking the negative cues from the US markets overnight. Nikkei trimmed early losses and is trading lower by 0.19 percent, as Japan’s headline inflation came at 3.3% in July unchanged from June’s reading. However, the core inflation fell to 3.1% from 3.3% in line with the expectations.
Shanghai erased early gains and is trading lower by 0.11 percent, as Chinese real estate giant Evergrande has filed for bankruptcy protection in a U.S. bankruptcy court. While Hang Seng also extended early losses and is trading lower by 1.01 percent. Elsewhere, Kospi, Taiwan, Straits Times, SET, and Jakarta all major indexes in the region are trading lower at 9.10 am IST.
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