Stock Market LIVE: Nifty around 19850, Sensex up 190 pts; Pharma stocks gain

July 27, 2023 admin

Stock Market LIVE Updates July 27, 2023: Indian stock market indices opened higher on Thursday tracking the positive cues from Wall Street overnight. The other Asian markets are also trading on a strong note at this moment. The Nifty index opened higher by 72.6 points at 19850.90 levels, while Sensex also opened higher by 126.91 points at 66834.12 levels. The Bank Nifty made a positive opening of 223.5 points at the 46285.85 level.

Stock Market Live Today

Market Live at 9.30 am IST, the Indian stock market indices, Sensex and Nifty are trading higher by 0.31 percent and 0.32 percent respectively. The Bank Nifty is trading higher by 0.40 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 0.42 percent and 0.36 percent respectively.

Among the sectors, Pharma, Metal, and Realty are trading as top gainers while the Auto sector is trading in the red.

The top-gaining stocks in the Nifty 50 index are Cipla, Hindalco, Apollo Hospital, Divis Lab, and Sun Pharma and the top losing stocks are TechM, Tata Consumer, Hero Motors, Dr. Reddy, Britannia

The most active stocks in NSE in terms of value are TechM, Cipla, and HDFC Bank in terms of volume TechM, Cipla, and Axis Bank.

Asian Stock Market Live Today

Asian stock market indexes are trading higher on Thursday as US Federal Reserve raised interest rates by 25 bps as widely expected to their highest levels in 22 years. The share price of Xpeng, the Chinese EV maker is gaining over 26% after the company signed a deal with Volkswagen. The key indexes in the region, Nikkei, Kospi, and Shanghai are trading higher, while Hang Seng gaining the most in the region

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

Stock Market Prediction Next Week (24- 28 July 2023)

Happy Investing!

Editor’s Desk