Stock Market live 21 Dec: Sensex, Nifty trading flat, Bank Nifty down almost 1%
Indian stock market live today 21 Dec at 10.10 am: It was a negative start for the Indian stock market today. Nifty opened at 13741.90 level, down by 18.65 points while Sensex made a negative opening of 28.51 points and opened at 46932.18 levels. The Bank Nifty on the spot levels made a gap down opening of 118.85 points and opened at 30595.80 levels.
At 10.10 am IST, Nifty and Sensex are trading almost flat while Bank Nifty on the spot level is trading 0.90% down.
Larsen, Cipla, and Reliance are trading as the top gainer in the Nifty Index whereas M&M, Tata Motors, and ICICI Bank are trading as the top loser. Reliance, Larsen, and Bajaj Finance are trading as the most active stock at this moment in NSE.
On the sectoral front, Infrastructure, Healthcare, and IT & Software sectors are trading higher whereas Banking, Automobiles, and Metal sectors are trading in the red at this moment.
Indian stock market may see a flat to negative opening today
Good morning and welcome to the Stock Market Live updates today 21 Dec at 8.05 am IST
Asian markets are mostly trading in the red today. Nikkei and Hang Seng are trading lower by 0.60% and 0.27% respectively whereas Shanghai is trading higher by 0.35% today. SGX Nifty is trading lower by 45 points. The other Asian market cues are giving flat to negative market opening indication for the Indian stock market today.
The US markets closed lower on Friday due to the uncertainty around a coronavirus stimulus package. All three major indexes hit record highs at the opening before the fall. The US market index Dow and S&P 500 declined 0.41% and 0.35% respectively while Nasdaq closed marginally lower by 0.07% on Friday 18 December.
The European stock markets slipped on Friday on doubts over a post-Brexit trade deal and uncertainty on the US stimulus package. The European market index FTSE and CAC fell 0.33% and 0.39% respectively while DAX closed lower by 0.27% on December 18, Friday.
Indian stock market closed marginally higher on the last day of the week. Nifty and Sensex gained 0.14% and 0.15% respectively on Friday. FIIs were the buyers and DIIs were the seller in the cash market. FIIs bought Rs 2720.95 crores while DIIs sold Rs 2424.61 crore in the cash market segment on 18 December.
News that may impact the stock market live today
According to RBI data on 18 December, India’s foreign exchange reserves declined by $778 million to $578.568 billion in the week to December 11. The reserves had touched a lifetime high of $579.346 billion after increasing by $4.525 billion in the previous week.
Union Health Ministry calls an urgent meeting of its joint monitoring group on Monday to discuss new coronavirus strain goes out of control in the UK. The meeting has called to discuss the issue of the mutated variant of the coronavirus reported from the UK. The new variant of the coronavirus has led to a reimposed lockdown in the UK from Sunday with non-essential shops and the business now closed.
The Union Health Minister on Sunday 20 December said that Indians may get their first COVID-19 vaccine shot in January 2021.
As per the RBI data, bank credit grew by 5.73% to Rs 105.04 lakh crore while deposits increased by 11.34% to Rs 145.92 lakh crore in the fortnight ended 4 December. This is compared to the fortnight ended December 6, 2019, when the bank credit had stood at Rs 99.35 lakh crore and deposits at 131.06 lakh crore.
You may also visit the page for more stock market live updates today after the market gets open.
You may also like to read, Market Prediction- Nifty & Bank Nifty futures for 21-24 Dec
Indian Stock Market Index updates for the week 14-18 Dec
Happy Investing!!
Editor’s Desk