Indian Stock Market Live Updates Today, 20 Jan 2021
Indian Stock Market Live 20 Jan: Markets are trading marginally higher, IT stocks are in focus today.
Market live 20 Jan at 9.45 am IST: It was a positive start for the Indian stock market today tracking the global cues. The Nifty opened at 14538.30, up 17.15 points while Sensex opened at 49508.79 made a positive opening of 110.5 points today. The Bank Nifty on the spot price opened at negative today at 32388.95, down 35.9 points from the previous close.
At 9.45 am IST, Nifty and Sensex are trading marginally higher by 0.28% and 0.25% respectively while Bank Nifty on the spot price is trading 0.11%. up.
Wipro, Tata Motors, and Tech Mahindra are trading as the top gainers in the Nifty Index whereas Grasim, Shree Cements, and HDFC Bank are trading as the top losers. Tata Motors, Tata Steel, and Bajaj Finance are trading as the most active stocks in the Nifty index at this moment.
On a sectoral basis, IT & Software, Automobiles, and Metals are trading as top gainers whereas Financials, Energy, and FMCG sectors are trading marginally lower at this time.
Indian stock market may open positive today
Good morning and welcome to the Indian stock market live updates today 20 Jan 2021 at 8 am IST
Asian markets are trading mixed today. Hang Seng and Shanghai are trading higher by 0.82% and 0.25% respectively whereas Nikkei is trading 0.45% down. SGX Nifty is trading 42 points down at this moment. The Asian market cues indicate a positive opening for the Indian Stock market today.
The US stock markets gained on Tuesday as Janet Yallen endorsed higher coronavirus relief spending and high expectation for fourth-quarter earnings. The US market indices Dow gained 0.38% while Nasdaq and S&P 500 closed higher by 1.53% and 0.81% respectively.
The European stocks markets erased all morning gains and closed in the red on Tuesday. Investors turn defensive as buying seen only in the healthcare and telecom sectors due to the extension of lockdown in Germany. The FTSE declined 0.11% while CAC and DAX closed 0.33% and 0.24% lower on Tuesday.
Indian markets bounced back on Tuesday after two days of fall. Sensex and Nifty gained 1.72% and 1.68% respectively on 19 January. FIIs were the buyers and DIIs were the seller in the cash market segment. FIIs bought Rs 257.55 crores while DIIs sold Rs 199.30 crores in the cash market on Tuesday.
News that may influence the Indian stock market today 20 January 2021.
On Tuesday Reserve Bank of India (RBI) said SBI, ICICI, and HDFC Bank will continue to be identified as Domestic Systemically Important Banks (D-SIBs) or what is commonly called lenders that are ‘too-big-to-fail’. This is said while announcing the list of 2020 D-SIBs.
Today’s results- Bajaj Finance, Bajaj Finserve, HDFC Asset Management Company, Havells India, Federal Bank, L&T Technology Services, Hindustan zinc, etc.
You can visit this page again to read more Indian stock market live updates for today 20 January after the markets get opened.
You may also like to read, Nifty and Bank Nifty prediction for tomorrow 20 Jan 2021
Indian stock markets | Nifty, Bank Nifty for next week
Happy investing !!
Editor’s Desk
