Market Live- Nifty and Sensex are trading marginally higher

 

Share Market live for 5th Aug at 1 p.m-Indian markets erased most of its morning gains but benchmark indices are trading higher. The Nifty and Sensex are currently trading at 0.27% and 0.21% higher. The Bank Nifty also erased more than 1% from the day’s hight as of now today.

The Nifty midcap and smallcap 100 indices are trading at 0.85% and 0.95% higher. The Metals and Auto sectors are trading strong at 1 p.m today.

The India IHS Markit PMI Service data for July came at 34.2 against 33.7 on MoM basis. The Markit July Composite came at 37.2 against 37.8 on the MoM basis.

The European markets are opened in the positive zone today. FTSE and CAC are trading higher at 0.84% and 0.94% respectively while DAX is trading up by 0.74%.

 

Also read, Nifty and Bank Nifty futures live trading calls for 5th Aug

 

Market Live: Nifty trading above 11200, Metals, Banks, Automobiles are trading higher

 

Share market Live updates for 5th Aug, at 10 a.m- Indian markets opened in a positive note today as expected. The benchmark indices are trading in a strong note after opening a gap up today. Nifty50 index is trading above 11200 on spot levels.

The Nifty50 index opened at 11155.75 level a gap up of 60.5 points. The Sensex opened at 37892.36, made a positive opening of 204.45 points from yesterday’s closing. The Nifty and Sensex are trading higher at 1% at 10 a.m today.

Hindalco, Axis Bank, and Ultratech Cement are top gaining stock whereas Power Grid, Nestle, and Dr. Reddy’s Lab are top losing stocks in the Nifty50 index at this hour. Reliance, Bajaj Finance, and Axis Bank are the most active stock in the Nifty50 index at 10 a.m

Metals & Minings, Automobiles, and Banking & Finance sectors are top gaining sectors whereas Aviation and Manufacturing sectors are trading marginally down 

Share Market Live, Indian market expected to open positive

 

Good Morning and welcome to Share Market live for 5th Aug, 8.50 a.m

The Asian markets are trading in a mixed note today, Nikkei is trading lower at 0.63% whereas Hang Seng is trading higher by 0.39% today. The SGX Nifty is also trading in the green,  47 points up. The Asian market indicating a positive opening for the Indian market today.

Yesterday, Wall Street closed marginally higher as investors are eying on the progress of fresh coronavirus aid stimulus package. The US index Dow closed at 0.62% higher while Nasdaq was gained by 0.35%. The European markets were closed in a flat after a strong opening yesterday. FTSE and CAC closed flat to positive at 0.05% and 0.28% respectively whereas DAX closed flat to negative by 0.36% on 4th Aug.

In the domestic front, yesterday the Indian market closed in a strong note Nifty was up by 1.87% and Sensex gained 2.03%. The NSE banking index Bank Nifty also gained 1.99% on Tuesday.

FIIs were the buyers and DIIs were the sellers in yesterday’s cash market. FIIs bought Rs 703.74 cr whereas DIIs sold Rs 665.69 cr in the cash segment on 4th Aug. 

 

News that can influence live share market on 5th Aug

China’s Service sector growth slowed down in July. The Caixin/ Markit service Purchasing Manager Index (PMI) fell to 54.1 from June’s 58.4. China’s June service PMI numbers were highest in the current decade.

The senior US and Chinese officials are planning to review their Phase 1 trade deal in the mid of this month. Earlier Trump has threatened to ban Tik Tok in the US and said trade deal is “much less” less to him now.

Today India’s Markit Service Purchasing Manager’s Index (PMI) numbers will be announced during the market hours.

Results Today- Cadila Healthcare, Canara Bank, DLF, Godrej Properties, Jyothy Labs, Apollo Tyers, Adani Gas, JK Lakshmi Cement, etc

 

You can read more share market live updates for 5th Aug after 10 a.m

 

You may also like to read, Nifty index above 11K, Sensex up 748 pts today

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Editor’s Desk