Market Updates

Stock Market LIVE: Sensex, Nifty Soar Higher, All Sectors in the Green

Stock Market Today Aug 4, 2023: Indian stock market indices opened higher on Friday tracking the positive cues from Asian Markets. The Nifty index opened higher by 81.15 points at 19462.80 levels, while Sensex also opened higher by 212.87 points at 65453.55 levels. The Bank Nifty made a positive opening of 241.3 points at the 44754.75 level.  

 

Stock Market Live Today 

 

Market Live at 9.30 am IST, the Indian stock market indices, Sensex and Nifty are trading higher by 0.50 percent and 0.44 percent respectively. The Bank Nifty is trading higher by 0.35 percent at 9.30 IST. The broader markets are also trading higher following their larger peers, as the Nifty mid and smallcap indexes are trading higher by 0.68 percent and 0.75 percent respectively.

Among the sectors, all sectoral indices are trading in the green. The sectors that are leading are Pharma, Metal, IT, and FMCG

The top-gaining stocks in the Nifty 50 index are Cipla, Hindalco, SBI Life, Eicher Motors, and IndusInd Bank and the top losing stocks are Power Grid, Bajaj Auto, BPCL, HUL, and Sun Pharma

The most active stocks in NSE in terms of value are Adani Enterprise, Cipla, and HDFC Bank in terms of volume SBI, Tata Steel, and Hindalco

 

Asian Stock Market Live Today

 

Asian stock market indexes are trading are trading mostly higher on Friday, as rising US bond yields continue to put pressure on stock markets after Fitch’s downgrade. Meanwhile, the Reserve Bank of Australia has cut the growth outlook for the country for 2023 from1.25% earlier estimated to1%.

Nikkei and Kospi reversed their early losses and are trading marginally higher. Shanghai and Hang Seng trimmed their early gains and are trading comfortably above their flatline at 9.15 am IST

 

If you like the post ” Stock Market LIVE: Sensex, Nifty Soar Higher, All Sectors in the Green” please share it

 

Also, read  Gift Nifty: The Rebranded SGX Nifty Starts Trading July 3rd

                  

 

Happy Investing!

Editor’s Desk