Sensex, Nifty index live today 8 June- Morning Updates
Market Live today 8 June: Sensex, Nifty indexes are trading flat, IT stocks are top gainers
Sensex, Nifty Index Live Today 8 June: Indian stock markets opened marginally higher on Tuesday as indicated by the other Asian market peers. The Nifty opened at 15773.90 levels, up by 22.25 points while Sensex made a positive opening of 100.21 points at 52428.72 levels. The Bank Nifty spot price made a negative opening of 9.85 points at 35433.80 levels.
At 9.40 am IST, the Indian stock market is looking out for directions. The key benchmark indexes Sensex and Nifty are trading almost flat. The Bank Nifty spot price is trading lower by 0.74 percent.
TCS, Tech Mahindra, and Infosys are trading as the top gainers in the Nifty 50 index whereas Hindalco, JSW Steel, and SBI Life are trading top losers. The most active stocks in the Nifty 50 index at this moment are Bajaj Finance, Adani Ports, and Tata Steel.
On a sectoral basis, IT & Software, Power, Real Estate, and Financial sectors are trading higher whereas Metals, Banks, Oil & Gas, and Healthcare sectors are trading in the red at this moment.
Sensex and Nifty index are likely to open higher today
Good morning and welcome to the Sensex, Nifty index live updates today 8 June at 7.50 am IST
Asian markets are mostly trading in the green today. Nikkei and Hang Seng are trading higher by 0.08 percent and 0.39 percent respectively whereas Shanghai is trading 0.22 percent up. SGX Nifty index is trading 32 points higher at 15817 levels. The Indian stock market indices Sensex and Nifty are likely to open higher today, as the positive indication getting from the other Asian market peers.
The U.S markets closed mixed on Monday as investors assessing a range of factors including the economic outlook, supply-chain issues, and high valuations of stocks. The U.S market index Dow and S&P500 edged lower by 0.36 percent and 0.08 percent respectively while tech-heavy Nasdaq closed higher by 0.49 percent on Monday.
European markets mostly closed higher on Monday with strength in the housebuilding and auto sectors that offset weak commodity stocks after the disappointment of Chinese trade data. The European market indices FTSE and CAC gained 0.12 percent and 0.43 percent respectively while DAX was down by 0.10 percent on Monday.
Indian stock market indices climbed higher on Monday due to the reopening of business. The key benchmark, Sensex and Nifty closed higher by 0.44 percent and 0.52 percent respectively. FIIs were sellers and DIIs were the buyers in the cash market segment. FIIs sold Rs 186.46 crores whereas DIIs bought Rs 983.97 crores in the cash market on Monday.
News that may impact the Sensex and Nifty index live today
In the last Budget, the government had announced the plan to privatize two public sector banks. On Monday, 7 June, the foreign rating agency Fitch has said, the plan could face hurdles and get delay amid renewed challenges for the Indian banking sector due to the second wave of coronavirus infection in the country.
PM Modi has addressed the nation on 7 June and announced the Free Covid-19 vaccine for all adults in the country. The government of India will make centralized vaccine procurement for 75% of vaccine will be given to states for free. Whereas the private vaccination center will be allowed to procure 25% of the vaccine. They can charge a maximum of Rs 150 per dose. The government has also extended the free foodgrains scheme for 80 crore beneficiaries till Diwali.
You can read more updates about the Sensex and Nifty index after the market gets Live today.
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