Stock Market Live Today 20 April 2021
Market live today 20 April: Indian stock markets are trading higher, Financial stocks are in focus
Market live today 20 April: Indian stock markets opened positive today as indicated by the SGX Nifty in the morning. Nifty opened at 14526.70 levels, up by 167.25 points from the previous close. Sensex made a positive opening of 523.62 points at 48473.04 levels. The Bank Nifty on the spot price opened at 31568.95 levels, up by 360.55 points.
At 10 am IST, Sensex and Nifty are trading higher by 0.71 percent and 0.73 percent respectively while Bank Nifty on the spot price is trading 1.32 percent up.
Bajaj Finserv, Bajaj Finance, and Dr. Reddy’s Lab are trading as the top gainers in the Nifty50 index whereas Shree Cement, HCL Tech, and Asian paints are trading as top losers. The most active stocks at this moment in the Nifty50 index are Dr. Reddy’s Lab, Adani Port, and Tata Motors.
On a sectoral basis, all the sectors are trading in the green at this time. The sectors that are helping to lift the market at this time are Financials, Insurance, Automobiles, Banking, and Metals.
Indian stock market may open flat to the positive
Good morning and welcome to the Indian stock market live today 20 April, at 8 am IST
Asian markets are mostly trading in the red on Tuesday morning. Nikkei and Hang are trading lower by 1.89 percent and 0.25 percent respectively while Shanghai is trading almost flat. SGX Nifty is trading 42 points higher at this moment. As per the indication getting SGX Nifty Indian stock markets may open flat to the positive today.
US markets started the week on cautious notes, markets closed lower due to the profit booking on all sectors technology to retail. As investors are waiting for the earning reports of few blue-chip companies that are going to announce by this week. The US market indices Dow and S&P 500 closed lower by 0.36 percent and 0.53 percent respectively. While Nasdaq declined 0.98 percent on Monday
The European markets closed mixed on Monday tracking the weak opening on Wall Street and rallying currencies offset optimism about a solid start to the earnings season. The European market indices FTSE and DAX closed lower by 0.28 percent and 0.59 percent respectively. While CAC closed higher by 0.15 percent on Monday.
Indian stock markets slipped on Monday due to the concerns about rising Covid-19 infection in India and its impact on economic growth. Sensex and Nifty closed lower by 1.81 percent and 1.77 percent respectively on Monday. FIIs were sellers and DIIs were the buyers in the cash market. FIIs sold Rs 1633.7 crores while DIIs bought Rs 2355.56 crores in the cash market on Monday.
News that may impact the stock market live today, 20 April
Due to the surge in coronavirus cases, Delhi and Rajasthan will have full lockdown till 26th April and 3rd May respectively. To curb the deadly infection more states could impose lockdown in the coming days. On the other hand, the good news is the government is going to open vaccination for everyone above 18 years from 1st May.
Q4 results today-Nestle India, Tata Steel Long Products, TV18 Broadcast, Swaraj Engines, Netward18 Media & Investments, Welspun Investments, and Commercials, etc
You can visit the page again to read more updates about the stock market live today 20 April after the markets get open.
You may also like to read, Nifty and Bank Nifty prediction for tomorrow 20 April
What is SGX Nifty? Can Indian trade in SGX Nifty?
Happy investing !!
Editor’s desk
