Indian stock market live updates today, 30 Dec 2020
Indian Stock Market Live 30 Dec: Sensex and Nifty are trading flat.
Market Live 30 Dec at 9.55 am IST: It was a positive start for the Indian stock market today. Nifty opened at 13980.90 level, up by 48.3 points while Sensex opened at 47789.03 levels made a positive opening of 175.95 points. The Bank Nifty on the spot level opened at 31479.80 level, up by 157.3 points.
At 9.55 am IST, Nifty and Sensex are trading marginally lower by 0.17% and 0.19% while Bank Nifty on the spot level is trading down by 0.41%.
UPL, Tech Mahindra, and SBI Life are trading as the top gainers in the Nifty index whereas SBI, Grasim, and Hindalco are trading as the top losers. UPL, IndusInd Bank, and Reliance are trading as the most active stocks in the NSE at this moment.
On a sectoral basis, IT & Software, Auto, and Insurance sectors are trading marginally higher whereas Banking & Finance, Healthcare, and Oil & Gas sectors are trading in the red.
Indian stock market may open positive today
Good morning and welcome to the Indian stock market live 30 Dec at 8 am IST
Asian markets are mostly trading in the green today. Hang Seng and Shanghai are trading higher by 1.15% and 0.48% whereas Nikkei is trading lower by 0.59%. The SGX Nifty is trading 55 points higher at this moment. The Asian market cues are positive. The Indian stock market may open higher today.
The US markets putting a pause after a record rally on Tuesday. The US benchmark indices Dow Jones and S&P 500 fell 0.22% while Nasdaq declined by 0.38% on Tuesday 29 December
European stock markets mostly closed in the green on Tuesday. The European market sentiments were positive on Brexit trade deal, US stimulus package, and vaccine roll rout in Eurozone. The FTSE and CAC gained 1.55% and 0.42% respectively whereas DAX fell marginally by 0.21% on 29 December.
Indian stock market climbed on Tuesday amid global markets rally. Nifty and Sensex closed higher by 0.43% and 0.55% respectively. FIIs were the buyers and DIIs sold in the cash market segment. FIIs bought Rs 2349.53 crores whereas DIIs sold Rs 2010.50 crores in the cash market segment on Tuesday 29 December.
News that may impact the Indian stock market live today 30 Dec
Reserve Bank of India in its report on Trend and Progress of Banking in India 2019-20 stated that the schedule Commercial Bank’s (SCBs) gross non-performing assets (GNPA) ratio declined. It was 9.1% at the end of March 2019 and it reported 8.2% at the march end of 2020 and further to 7.5% at September end of 2020.
Reserve Bank of India on 29 December said that NBFC’s profitability may be “dampened on account of asset quality issues and lower credit demand.
You can visit this page again after the markets get open for more Indian stock market live updates for today 22 Dec.
You may also like to read, Nifty and Bank Nifty futures prediction for 30 Dec 2020
Nifty, Banknifty share price target for (28 Dec to 1 Jan 21)
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