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Sensex and Nifty price today 28 Jan 2021

Indian markets today 28 Jan: Sensex and Nifty price are trading lower, Banks, IT, Metals are down

 

Market live 28 Jan at 10 am IST: Sensex and Nifty price opened lower today on weak global cues. Nifty price today opened at 13810.40 levels made a gap down opening of 157.10 points while Sensex opened at 46834.57 levels made a negative opening of 575.36 points. The Bank Nifty on the spot price also made a gap down opening of 472.25 points at 29812.30 levels.

At 10 am IST, Sensex and Nifty prices are trading lower by 0.73% and 0.75% respectively whereas Bank Nifty on the spot price is trading 1.02% down.

Axis Bank, Reliance, and BPCL are trading as top gainers in the Nifty index whereas Tech Mahindra, HDFC Bank, and Power Grid are trading as the top losers. Axis Bank, Reliance, and Tata Motors are trading as the most active stocks in the Nifty index at 10 am IST.

On a sectoral basis, Oil & Gas, Capital Goods, and Telecom sector are trading higher whereas Banking, Metals, and IT & Software sectors are trading in the red at this moment.

 

Sensex and Nifty price may open lower today

 

Good morning and welcome to Sensex and Nifty price today 28 Jan 2021, at 8.10 am IST

Asian markets are trading lower today following the negative cues overnight from Wall Street. Nikkei and Hang Seng are trading lower by 1.09% and 1.08% respectively while Shanghai is trading 0.85% down. SGX Nifty is also trading lower by 100 points at this moment. The global market cues are negative today Indian markets may open gap down today.

The U.S stock markets fell sharply on Wednesday even after the FED’s policy was status quo. The major indexes in the US suffered their sharpest one-day losses since October on Wednesday due to the concerns about delay in Coronavirus vaccine distribution. The US market index Dow fell 2.05% while Nasdaq and S&P 500 declined 2.61% and 2.57% respectively on 27 January.

European stock markets closed lower on Wednesday due to losses in technology and mining sectors and as investors stayed cautious ahead of the U.S Federal Reserve policy outcome. The European market indexes FTSE and CAC declined 1.30% and 1.16% respectively while DAX closed lower by 1.81% on Wednesday 

Indian markets plunged almost 2 percent on Wednesday. The benchmark indices Sensex and Nifty price fell 1.94% and 1.91% respectively. FIIs and DIIs were the sellers in the cash market on Wednesday. FIIs sold Rs 1688.22 crores while DIIs sold Rs 3.38 crores in the cash market segments on Wednesday.

Sensex price today

 

News that may impact the Sensex and Nifty price today 28 Jan 2021

Foreign direct investment (FDI) inflows have increased by 22% on YoY to $58.37 billion from April to November 2020. This is the highest increase for the first 8 months of any fiscal as per the Ministry of Commerce and Industry reported on 27 January.

Today’s Quarterly results- Maruti Suzuki India, Lupin, Colgate-Palmolive, InterGlobe Aviation, RBL Bank, IDBI Bank, Indus Towers, IRCTC, Equitas Small Finance Bank, Aarti Industries, Angel Broking, AU Small Finance Bank, etc

You can visit this page again for more updates on Sensex and Nifty price today 28 Jan after the market gets open,

 

You can also visit, Nifty | Bank Nifty prediction for tomorrow 28 Jan 2021

                              Weekly Prediction-Nifty and Bank Nifty futures (25-29 Jan)

 

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