Market Updates

Market Live Today: Sensex and Nifty are trading flat, IT, Auto are in focus

Live Market Today, Sensex and Nifty are trading flat, Nifty trading above 11500

 

Indian markets opened in the positive as indicated by the SGX Nifty in the morning. The Nifty opened at 11566.20 levels, made a gap up opening of 31.2 points while Sensex added 79.77 points in the previous close and opened at 39165.80 levels. The Bank Nifty also opened 111.6 points higher today at 23986.15 levels.

AT 10 AM, the Nifty and Sensex are trading 0.24% and 0.14% higher while Bank Nifty is trading 0.50% lower.

Bharti Infratel, UPL, and Wipro are trading as top Nifty index gainer whereas Hindalco, ICICI Bank, and Bajaj Finance are trading as top losers. Tata Motors, Reliance, and Vodafone Idea are trading as the most active stock in the Nifty index today.

IT & Software, Automobiles, and Capital Goods sectors are trading as top gainers whereas Oil & Gas, Metals, and Banking sectors are marginally down.

 

Sensex and Nifty Live Today, Markets are expected to open in green

 

Good morning and welcome to Sensex and Nifty Live markets for 3rd Sept, at 8.30 AM

Asian markets mostly are trading in green today. Nikkei is trading higher by 1.35% while Hang Seng is trading flat, 18 points, or 0.07% down. The SGX Nifty is trading higher by 15 points or 0.13% today. The Asain market cues are positive for the Indian Markets.

The US markets on Wednesday closed in record territory as investors drew hope from the progress of COVID treatments and restarted the stimulus talks. The US Dow index and S&P 500 gained 1.59% and 1.54% respectively while Nasdaq gained 0.98% on 2nd September.

The European markets closed higher on Wednesday after four consecutive falls. The sign of global manufacturing recovery helped Europen chemical and manufacturing stocks to trade higher on yesterday. CAC and DAX gained 1.90% and 2.07% respectively while FTSE was up 1.35% at the close.

In India, the last hour buying closed the Nifty and Sensex in positive territory on Wednesday. The Nifty gained 0.56% while the Sensex was up by 0.48% yesterday. FIIs bought Rs 990.57 cr while DIIs sold Rs 657.48 cr in the cash segment on Wednesday.

Market Live 3rd Sept

The latest news that can influence the Live market today

 

India has banned 118 Chinese Apps in India on Wednesday, this includes mobile versions of PUBG and popular search engine Baidu, CamCard, CutCut, Alipay, and many more. The situation on the Indo-China border is heating up again.

Today the Finance Minister Nirmala Sithraman will meet with heads of Banks and NBFC for a review meeting. The meeting is scheduled to discuss the implementation of the debt recast for the resolution of COVID-19 related stress in the bank loans. The progress of various schemes announced under the Rs 20.97 lakh cr Aatmanirbhar Bharat Abhiyaan will also be discussed today.

The domestic airlines in India are now allowed to operate at 60% capacity from 45% with the immediate effect as per the Aviation Ministry.

The US weekly jobless claims and Eurozone retail sales data for July would be released today.

Indian Markit Service PMI numbers will be released during the market today.

Today’s result- Zuari Agro Chemicals, IL&FS Engineerings, Essar Shipping, Page Industries, Jubilant Industries, etc

 

You can also visit this page for Sensex and Nifty live updates after the market gets open

 

You may also like to read,  NSE Nifty, Bank Nifty gained, prediction for tomorrow

Trade Setup for Next Week: Nifty & Bank Nifty Trading view

 

Happy Investing!!

Editor’s Desk