Market Updates

Stock Market LIVE Today: Sensex, Nifty trade near day’s low

 

Stock Market LIVE Today, July 7 2023 at 12.30 pm IST– Indian stock market indexes are trading near the day’s low. Sensex and Nifty are trading lower by 0.62 percent and 0.67 percent lower respectively. Bank Nifty index also extended its early losses and is trading lower by 1.02 percent. Barring Nifty Media all other sectoral indices are trading lower.

 

Global Market Live Updates Today

 

European stock markets are set to open higher on Friday, after a sharp fall in the previous session due to strong economic data from the US which raised fear of more rate hikes. The  Dow and Nasdaq futures are trading with little changes at this moment. Asian markets mostly closed in the red for the second consecutive day.

 

Stock Market Live Today at 11.40 am IST:- The equity benchmarks fell sharply and are trading near the day’s low. Sensex is trading lower by 0.56 percent at 65410, while Nifty is down by 0.59 percent and trading at 19380 levels. Bank Nifty index is also trading lower by 0.92 percent at the 44921 level. 

Broader markets are underperforming their larger peers, as Nifty mid and smallcap indexes are trading lower by 0.94 percent and 0.66 percent respectively.

All sectoral indices are trading in red, with PSU Bank, IT, Bank, and Fin. Services falling the most.

Asian stock markets are mostly trading lower on Friday, with Hang Seng trimming most of its intraday losses and trading marginally lower. Shanghai and SET Composite erased losses and turned green, while Nikkei closed red today.

 

Sensex and Nifty Live Today at 11 am IST:- The equity benchmarks fell sharply in the morning session amid weak global cues. Sensex is trading lower by 0.40 percent at 65571, while Nifty is down by 0.42 percent and trading at 19414 levels. Bank Nifty index also fell sharply by 0.85 percent and is trading at the 44958 level. 

Broader markets are underperforming their larger peers, as Nifty mid and smallcap indexes are trading lower by 0.87 percent and 0.52 percent respectively.

 

Stock Market Live Today 

 

Stock Market Live Today at 10.10 am IST, the Indian stock market indices opened lower and recovered immediately after a few minutes of trading. Sensex and Nifty are now trading slightly higher by 0.09 percent and 0.07 percent respectively. The Bank Nifty is trading lower by 0.34 percent at 10.10 am IST.

The broader markets are trading mixed, as the Nifty midcap is trading flat to negative, down by 0.03 percent, and smallcap index is trading higher by 0.18 percent at this moment

Among the sectors, Media, IT, and Auto are trading as the top gainers. The sectors that are trading lower are Banking Financial Services and FMCG

The top-gaining stocks in the Nifty 50 index are  Titan, HDFC Life, SBI Life, M&M, and Reliance and the top losing stocks are Apollo Hospital, Nestle, Hindalco, IndusInd Bank, and Hero Motors

The most active stocks in NSE in terms of value are Bharti Airtel, Titan, and Reliance in terms of volume Bharti Airtel, Tata Steel, and M&M

 

Stock Market LIVE Today July 7, 2023: Indian stock market indices opened lower on Friday following the negative global cues. The Nifty index opened lower by 74.5  points at 19422.80 levels, while Sensex also opened lower by 226.23 points at 65559.41 levels. The Bank Nifty made a negative opening of 221.85 points at the 45118.05 level.

 

Asian Stock Market LIVE Today

 

Asian stock markets are trading lower on Friday after the strong US job report solidifies the expectation of more interest rate hikes this year by the Fed. All major Asian stock market indexes extended declines, as Wall Street fell sharply after the strong economic data released on Thursday. 

Hang Seng is trading lower after a sharp fall in the previous session. South Korea’s Kospi is trading sharply lower, as Samsung showed a weak profit outlook for the second quarter results. Shanghai and Nikkei are also extending their previous session losses at this moment.

 

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

                  Nifty and Bank Nifty Prediction for Tomorrow July 7, 2023

 

Happy Investing!

Editor’s Desk