Indian Stock Market Live 23 Nov- Sensex, Nifty trading flat, Bank Nifty trading lower

 

Indian markets opened on a positive note today as indicated by the Asian market peers. The Nifty gained 101.25 points from the previous close and opened at 12960.30 levels. The Sensex made a gap up opening of 281.92 points and opened at 44164.17 levels. The Bank Nifty on the spot levels opened at 29432.80 levels a positive opening of 196.80 points.

At 10 am IST, Nifty and Sensex are trading flat whereas Bank Nifty is trading 0.98% down

Reliance, TCS, and Bajaj Finance are trading as the top gainers whereas HDFC, HDFC Bank, and ICICI Bank are trading as the top losers in the Nifty index. Reliance, Bajaj Finance, and Bajaj Finserv are trading as the most active stocks in the NSE at this moment.

On a sectoral basis, Oil & Gas, Healthcare, Metal, and IT & software sectors are gaining the most. Whereas Banking & Finance, Automobiles, and FMCG sectors are trading in the red

 

Indian stock market is expected to open positive today

 

Good morning and welcome to the Stock market live today, 23 Nov at 8 am IST

Asian markets are trading on a positive note today. Nikkei is not working due to the worker’s day today. Hang Seng is trading flat and Shanghai is trading higher by 0.43%. SGX Nifty is also trading higher by 50 points or 0.39%. Indian markets are expected to open in the green today.

The US markets closed lower on Friday due to the concerns about rising coronavirus cases and lockdown in some parts of the country. The Dow and S&P 500 declined 0.75% and 0.68% respectively while Nasdaq closed lower by 0.42% on Friday, 20 November.

The European markets were closed marginally higher on Friday as a jump in commodity-linked stocks helped to counter worries about rising coronavirus cases. The market indices CAC and DAX gained 0.39% individually while FTSE closed higher by 0.27% on 20 November.

The Indian stock markets closed in the green on Friday. The Nifty and Sensex jumped 0.65% and 0.68% on the last day of the week. FIIs were buyers and DIIs were the seller in the cash market segment. FIIs bought Rs 3860.78 crore and DIIs sold Rs 2868.66 crore in the cash market segment on Friday.

 

 

News that may impact the stock market live today

 

As per RBI’s data showed, India’s foreign exchange reserves increased by $4.277 billion to a lifetime high of $572.771 billion in the week ended 13 November. It had increased to $7.779 billion to $568.949 billion on the week ended 6 November.

Reserve Bank’s internal working group ( IWG) made a proposal to change the Banking Regulation Act 1949. According to the proposal large corporate and industrial houses may be allowed as promoters of banks. Banking and NBFC’s stocks will be in highlights today.

You can visit this page again to read more stock market live updates today after the market gets opened.

 

You may also like to read, Nifty and Sensex weekly updates ( 17-20) November 2020

                                          Nifty, Bank Nifty futures strategy ahead of 26 Nov expiry

 

Happy Investing!!

Editor’s Desk