Market Live 9 Dec- Indian Share Markets are trading at a record high

 

Share market Live Today 9 Dec: Indian markets opened positive amid positive global market sentiments. The Nifty opened at 13458.10, up by 65.15 points while Sensex made a gap up opening of 282.53 points and opened at 45891.04 levels. The Bank Nifty on the spot levels also opened positive by 73.15 points and opened at 30335.05 levels.

At 9.50 am IST, Nifty and Sensex are trading higher by 0.64% and 0.65% respectively while Bank Nifty on the spot level is trading 0.66% up.

Sun Pharma, UPL, and ITC are trading as the top gainers in the Nifty index whereas HDFC Life, Ultratech, and Maruti Suzuki are trading as the top loser. Reliance, TCS, and HDFC Bank are trading as the most active stocks in the NSE today at this moment.

Almost all major sectors are trading in the green zone today, Media, Pharma, and PSU Banking sectors are in focus today.

 

Indian share market may see a gap up opening today

 

Good morning and welcome to the Share market live today, 9 Dec at 8 am IST

Asian markets are trading in the green today, Nikkei and Hang Seng are trading 1.04% and 1.25% while Shanghai is trading almost flat. The SGX Nifty is also trading 48 points up indicating that the Indian share market will open a gap up today.

The US index Nasdaq and S&P 500 closed at a record high on Tuesday with the help of healthcare and technology stocks. The market sentiments were positive due to fresh stimulus talk and as the UK’s positive septs towards combating coronavirus pandemic. The Nasdaq gained 0.50% while S&P 500 and Dow closed higher by 0.28% and 0.35% respectively on 8 December,

European stock markets closed flat on Tuesday as hopes of a Brexit trade deal faded amid a last-ditch attempt to find a solution. Investors were worried about the rising coronavirus cases in the region as further restriction could cause more economic pain. The FTSE and DAX closed higher by 0.05% and 0.06% on Tuesday while CAC closed marginally lower by 0.23% on 8 December.

The Indian markets closed at a record high on Tuesday. The Sensex and Nifty closed higher by 0.40% and 0.28% respectively. FIIs were the buyers and DIIs were the seller in the cash market segment. FIIs bought Rs 2909.60 crore whereas DIIs sold Rs 2640.93 crore in the cash market on Tuesday.

 

 

News that may influence the Share Market Live Today 9 Dec 

While addressing a virtual event on 8 December, NITI Aayog CEO Amitabh Kant said it is difficult to carry out tough reforms in India as there is “too much of democracy”. Kant has emphasized that more reforms need to be done to make the country competitive. The center has done the hard reform, and now the next wave of reforms must be pushed by states

Japan’s core machinery orders rebounded sharply in October from the previous month’s drop. October’s core machinery data soared 17.1% as compared to the previous months 4.4% drop as per the government.

You can read more about the share market live updates for today 9 Dec after the market gets open.

 

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Editor’s desk