Market Live 10 Nov: Sensex and Nifty are trading higher, touched 52-weeks high today

 

Sensex and Nifty Live Today 10 Nov, at 10 am IST: It was a positive start for the Indian Stock Market today. As expected Sensex and Nifty today opened at a new high. The Nifty opened at 12556.40 levels made a gap up opening of 95.35 points while Sensex opened at 42959.25 levels, up 361.82 points. The Bank Nifty on the spot levels opened at 28039.45 levels also made a gap up opening of 505.35 points.

At 10 am IST, the Sensex and Nifty are trading higher by 0.68% and 0.63% respectively whereas Bank Nifty on the spot levels is trading 2.41% higher.

Bajaj Finance, IndusInd Bank, and ICICI Banks are trading as the top gainers in the Nifty index whereas Tech Mahindra, Infosys, and Cipla are trading as the top losers. Bajaj Finance, Reliance, and IndusInd Bank are trading as the most active stocks in the NSE.

Banking & Finance, Infrastructures, and Insurance sectors are trading higher whereas IT & Software, FMCG and Healthcare sectors are trading in the red.

 

Market Live 10 Nov: Sensex and Nifty may open at an all-time high today

 

Good morning and welcome to Sensex and Nifty live today, 10 Nov, 8 am IST

Asian markets are trading in the green zone today. Nikkei and Hang Seng are trading higher by 1.08% and 1.20% whereas Shanghai is trading flat at this moment. The SGX Nifty today is trading higher by 167 points or 1.34%. The Indian equity market benchmark indices Sensex and Nifty may open at a record high today.

US markets have mostly closed in the green on Monday after progress on a Covid-19 vaccine and Democrat Joe Biden’s electoral victory. The US market indices Dow and S&P 500 closed higher by 2.95% and 1.17% respectively whereas the tech-heavy Nasdaq was down by 1.53% on Monday 9 November.

The European markets jumped to eight months high on Monday. The market sentiment got boosted after drugmaker Pfizer and BioNTech said the experimental vaccine was more than 90% effective in preventing COVID-19 based on initial data from a large study. The European market indices FTSE and DAX jumped 4.67% and 4.94% respectively while the Nasdaq gained 7.57% on Monday.

Back home in India, the Sensex and Nifty on Monday touched an all-time high and closed in the positive zone. The Sensex gained 1.68% and Nifty was up by 1.61% on Monday. FIIs were the buyers and DIIs were the seller in the cash market segment on the first of the week. FIIs bought Rs 4548.39 while the Sensex sold Rs 3036.31 in the cash market segment on Monday, November 9. 

 

 

News that can influence the Sensex and Nifty live today

 

China’s October Producer Price Index (PPI) falls sharper than expected on YoY Basis, it fell 2.1% compared to the previous year. While consumer inflation eased to its slowest since 2009. This is as per the data released on Tuesday.

Bihar election results- Votes counting will begin shortly today. Major exit polls have given a clear edge to the Mahagatbandhan while we cannot rule out NDA also. Indian market may react to the clear picture of the Bihar election results today.

Today’s result- GAIL India, Mahindra & Mahindra, Hindalco Industries, Bata India, Century Polyboards, Exide Industries, Lux Industries, Minda Industries, IDFC, Aster DM Healthcare, etc.

You can visit again to read more Sensex and Nifty live today after the markets get open.

 

You may also like to read, Nifty & Bank Nifty futures prediction for next week 9-13 Nov

                                          Nifty & Bank Nifty futures prediction for 10 Nov 2020

 

Happy Investing !!

Editor’s Desk