Indian stock market today 29 Jan 2021
Indian Stock Market Live Today 29 Jan 2021- Markets erased early gains and are trading marginally higher
Market live 29 Jan at 9.55 am IST: Indian stock markets made a positive opening today as indicated by the SGX Nifty in the morning. Nifty opened at 13946.60 levels, up 129.05 points while Sensex opened at 47423.47 level made a positive opening of 549.11 points. The Bank Nifty on the spot price also made a gap up opening of 342.35 points and opened at 30700.65 levels.
At 9.55 am IST, Sensex and Nifty erased some early gains and are trading above their neutral line. Sensex and Nifty are trading higher by 0.28% and 0.32% respectively while the Bank Nifty on the spot price is trading 0.51% higher.
IndusInd Bank, Tata Motors, and M&M are trading as the top gainers in the Nifty index whereas Axis Bank, NTPC, and Cipla are trading as the top losers. Tata Motors, Reliance, and HDFC Bank are trading as the most active stock in the Nifty index at this moment.
On a sectoral front, Banking & Finance, Automobiles, and Metal sectors are trading higher whereas Healthcare, FMCG, and Telecom sectors are trading marginally lower at this moment.
Indian stock market may open positive today
Good morning and welcome to the Indian stock market live today 29 Jan, at 8 am IST
Asian markets are trading mixed today. Nikkei is trading lower by 0.29% whereas Hang Seng is trading higher by 0.25%. Shanghai is trading almost flat. SGX Nifty is trading 122 points up today. The Asian market cues indicating a positive opening for the Indian stock market today.
The U.S stock markets gained on Thursday on the back of a rally in the healthcare, technology and financial sectors as the euphoria in some of the most overheated segments of the market showed signs of easing. The U.S market indexes Dow and S&P 500 gained 0.99% and 0.98% respectively while Nasdaq was up 0.50% on Thursday.
The European stock markets trimmed their losses and closed mixed on Thursday after a sharp sell-off on Wall Street. Investors are worried about increasing new infectious variants of the coronavirus. The European market index FTSE closed lower by 0.63% whereas CAC and DAX closed higher by 0.93% and 0.33% respectively on Thursday.
Indian stock market closed lower on Thursday due to a global sell-off. The benchmark indices Sensex and Nifty fell 1.13% and 1.07% respectively. FIIs were the seller and DIIs started buying in the cash market. FIIs sold Rs 3712.51 crore whereas DIIs bought Rs 1736.92 crore in the cash market segment on 28 Jan 2021.
News that may impact the Indian stock market live today, 29 Jan 2021.
On 29 January Finance Minister Nirmala Sitharaman will present the annual Economic Survey in Parliament. It will give a detailed account of the state of the economy, the growth prospect, sectoral overview, reforms, and measures, and more.
Today’s quarterly result- Cipla, IndusInd Bank, Dr. Reddy’s Labs, Indian Oil Corporation, Tech Mahindra, Tata Motors, UPL, Bajaj Healthcare, Sun Pharma, JSW Energy, Just Dial, Cholamandalam Investment and Finance.
You can visit this page again after the market gets open for more Indian stock market live updates for today 29 Jan
You may also like to read, Nifty and Bank Nifty futures prediction for 29 Jan 2021
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