BSE/NSE Market Live: Markets trading higher, Nifty above 11300

BSE/NSE Market Live: Markets are trading higher, Oil & Gas stocks are in focus

 

Indian markets opened in flat to positive as indicated by the SGX Nifty in the morning. The Nifty opened at 11259.80, a positive opening of 12.7 points while Sensex opened at 38084.70 levels added 84 points from yesterday’s close. The Bank Nifty opened at 21702 levels absolutely flat.

At 10 AM, Nifty and Sensex are trading higher at 0.63% and 0.58% while Bank Nifty is trading up by 0.37%

Grasim, ONGC, and Eicher Motors are trading as top gainers in NSE Nifty whereas Zee Entertainment, Power Grid Corp, and IndusInd Bank are trading as top losers in NSE Nifty Index. Reliance, Bajaj Finance, and Grasim are the most active stocks in NSE Nifty at this moment.

Oil & Gas, Real Estate, and Metals sectors are trading higher while Infrastructures, Media sectors are marginally down at 10 AM today

 

BSE/NSE Market live at 9.10 AM- The pre-opening session indicates flat to positive opening for the Indian market today. NSE Nifty is up 12.70 points and BSE Sensex is up by 33.92 points.

Market Live: Indian markets are expected to open in flat

 

Good morning and welcome to BSE/NSE live market for 18th Aug at 8.50 AM

Asian markets mostly are trading in the red today except for Hang Seng and Shanghai. Nikkei is trading lower at 0.54% while Hang Seng is trading higher by 0.03% today. The SGX Nifty is only 5 points down and trading flat. Indian markets BSE/NSE benchmark indices may open in a flat note today.

Yesterday, the US benchmark indices closed mixed, Dow closed 0.30% lower while Nasdaq and S&P 500 gained by 1% and 0.27% respectively. The mixed response in the US markets was due to stalled negotiations over a stimulus package and tension with China.

The European markets closed marginally higher on Monday as China exposed miners jumped on fresh stimulus for the world’s second-largest economy. However, market gains capped due to the concerns about the recent increase in coronavirus cases in the region. FTSE gained 0.61% while CAC and DAX were up by 0.18% and 0.15% respectively.

In India, the NSE/ BSE benchmark indices closed in the green on Monday. The Nifty gained 0.61% while Sensex was up by 0.46%.. FIIs were buyers and DIIs were sellers in the cash segment yesterday. FIIs bought Rs 332.90 cr while DIIs sold Rs 712.62 cr. in the cash market yesterday.

 

News that can influence BSE/NSE Live Market today

India’s power generation rose 2.6% in the first 15 days of August as against the same period last year. The power generation rose for the first time since early March as per the provisional government data showed.

State Bank of India expects India’s GDP to contract 16.5% in the April-June quarter from an earlier projected 20% decline in May.

Today’s results- Zee Entertainment, Hindustan Aeronautics, Gujarat Industries Power, GTL Infrastructure, Vascon Engineering, KNR Construction, etc

You can visit this page after 10 AM for more BSE/NSE Market Live updates for 18th Aug.

 

You can also read, Nifty & Bank Nifty futures prediction for 18th Aug

 

Happy Investing!!

Editor’s Desk