Indian Stock Market Live Today, 22 Sept 2021
Indian stock market Live today 22 Sept at 2.30 pm
Indian markets are trading marginally higher at this moment. The benchmark indices Sensex and Nifty are trading higher by 0.14 percent and 0.16 percent respectively. Bank Nifty index is trading in the red, on spot level Bank Nifty index is down by 0.64 percent.
European markets are trading higher as worries about China’s Evergrande eased, now both eyes are on the latest policy announcement from the US Federal Reserve.
Indian Stock Markets Live Updates Today, 22 Sept 2021 at 12.30
The equity benchmark indices are trading marginally higher at this moment. Nifty and Sensex are trading higher by 0.14 percent and 0.12 percent higher while the Bank Nifty is trading lower by 0.37 percent. The top Nifty50 gaining stocks are Tech Mahindra, Tata Motors, and Hindalco while the losing stocks are HDFC, HUL, and HDFC Bank.
The broader markets are outperforming the benchmark today. The Nifty midcap and smallcap indexes are trading higher by 1.43 percent and 1.30 percent respectively.
Stock Market Live Corporate News Today, 22 Sept
The Board of directors of Zee Entertainment Enterprises Ltd (ZEEL) has given in-principal approval for the merger between Sony pictures network India and ZEEL. Sony India will invest $1.57 billion and will be the majority shareholder with a 52.93% stakeholder. The merger will be the largest entertainment network in India, even bigger than Star & Disney India.
The share price of ZEEL is up 20% at 305, traders should remain cautious as it has already gained 78% on the news in one month.
Mphasis an Information Technology (IT) solutions provider specializing in cloud and cognitive services, has announced an interesting acquisition today. The company has acquired Seattle headquartered Blink UX for Rs 693 cr.
Blink’s core expertise is an evidence-driven design process for projects to clients such as Amazon, Microsoft, NASA, and Starbucks. Blink has over two decades of expertise using their Evidence-driven Design SM process and has additional studios in Austin, Boston, San Diego, and San Francisco.
Mphasis share price is trading 0.59 percent higher in NSE at Rs 3215
Market Live Today, 22 Sept 2021: Indian stock markets opened in the green on Wednesday despite negative cues from the Asian markets. Nifty opened marginally higher by 18.9 points at 17580.90 while Sensex made a positive opening at 59166.15 levels, up by 160.88 points. The Bank Nifty spot price opened slightly higher at 37277.10 levels, up by 41.25 points from the previous close.
At 9.45 am, the benchmark indices, Sensex and Nifty are trading marginally lower by 0.05 percent and 0.03 percent respectively. The Bank Nifty spot price is trading 0.23 percent down at this moment.
Good Morning and welcome to the Indian Stock Market Live Today 22 Sept
Indian Stock Market Live Today, 22 Sept 2021
At 8.10 am Asian markets are trading lower on Wednesday. Chinese index opened sharply lower on their return from a public holiday, as investors fears a messy collapse of cash-strapped Chinese developer Evergrande Group. China keeps the one-year loan prime rate (LPR) unchanged for corporates and households as per market expectation.
Hang Seng is closed today due to a public holiday. The Asain market indexes, Nikkei and Shanghai are trading lower by 0.58 percent and 0.93 percent respectively. SGX Nifty is trading marginally down by 32 points or 0.18 percent at 17529 levels.
The US markets closed mixed on Tuesday in a choppy trading session due to a global sell-off on fears of China’s property sector. The US market’s attempt at rebounding after Monday’s heavy sell-off fell short on Tuesday. Dow Jones and S&P 500 closed marginally lower by 0.15 percent and 0.08 percent respectively while Nasdaq closed higher by 0.22 percent.
European markets closed higher on Tuesday rebounded sharply after the previous day’s sell-off. The markets were optimistic as Universal Music Group has made a solid debut with investors. European market indexes, FTSE, and CAC were closed higher by 1.12 percent and 1.50 percent respectively while DAX was up by 1.43 percent on Tuesday.
The indications getting from the Asain markets are negative, Indian stock markets are likely to open on a cautious note.
You may also like to read, Nifty & Bank Nifty Prediction for Tomorrow, 22 Sept 2021
Happy Investing!!
Editor’s desk
