Indian Share/Stock Market Live Today 13 April 2021
Market live today 13 April: Share markets are trading higher, Metals, Auto, & Financial stocks are in focus
Market live today 13 April: Indian share market opened positive as indicated by the Asian peers in the morning. Nifty opened at 14364.90 levels, made a positive opening of 54.1 points while Sensex made a gap up opening of 108.15 points at 47991.53 levels. The Bank Nifty on the spot price made a positive opening of 109.8 points and opened at 30901.80 levels.
At 10 am IST, Sensex and Nifty are trading higher by 0.79 percent and 0.87 percent respectively while Bank Nifty on the spot price is trading 1.50 percent up.
M&M, UPL, and ONG are trading as the top gainers in the Nifty 50 index whereas TCS, Dr. Reddy’s Lab, and Tech Mahindra are trading as the top losers. The most active stock in the Nifty 50 index at this moment are Adani Ports, Dr. Reddy’s Lab, and TCS.
On the sectoral front, barring IT & Software all other major sectors are trading in the green today. The sectors that are leading the rally are Metals, Automobiles, Financials, Banks, and Insurance.
Indian share market may open positive today
Good morning and welcome to the share market live today 13 April at 8 am IST
Asian markets are trading in the green today. Nikkei and Hang Seng are trading higher by 1.07 percent and 1 percent respectively while Shanghai is trading almost flat. The SGX Nifty is also trading flat at this moment. The indication getting from the Asian markets is positive for the domestic market. Indian share market may open in the green today.
The US markets closed lower on Monday as investors waited for the first-quarter corporate earnings and inflation data later this week. The US market indices Dow and S&P closed marginally lower by 0.16 percent and 0.02 percent respectively while Nasdaq closed 0.36 percent down on Monday.
The European markets closed lower on Monday from an all-time high as investors book profit ahead of the quarterly corporate earnings. The European market indices FTSE closed lower by 0.39 percent while CAC and DAX were down by 0.13 percent on Monday.
Indian share market fell sharply on Monday due to rising coronavirus cases and fears of lockdown in several states. The key benchmark indices Nifty and Sensex fell 3.53 percent and 3.44 percent respectively. FIIs were the seller and DIIs were buyers in the cash market segments. FIIs sold Rs 1746.43 crores while DIIs bought Rs 232.76 crores in the cash market segment on Monday.
News that may impact the share market live today, 13 April
Indian share market will first react to the macroeconomic data that released post-market hours on Monday. As expected, the CPI inflation rose to 5.32 percent in March as compared to 5.03 in Feb. The IIP data contracted -3.6 percent in February as compared to the contraction of -3.0 percent in January. Inflation data inflated in March whereas IIP contracted more than it was expected in February.
On Monday, India’s largest software company Tata Consultancy Services (TCS) has reported a 15 percent increased in its consolidated net profit at Rs 9246 crore for the Q4 ending 31 March 2021. This is compared to Rs 8049 crores reported for the same period last year. Consolidated revenue from operations rose by 9.4 percent to Rs 43,705 crore as against Rs 39946 crore in the last year.
As per the data released by RBI, the Bank credit grew 5.56 percent to Rs 109.51 lakh crores while deposits rose 11.4 percent to Rs 151.13 lakh crore in the financial year ended March 31, 2021.
You can visit this page again to read more updates on the Indian share market live today, 13 April after the markets get open.
You may also like to read, Nifty & Bank Nifty futures price prediction for 13 April
Nifty & Bank Nifty trend for next week ( 12- 16 April)
Happy Investing !!
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