Market Live 25th Aug: Nifty trading near 11500, Banking & Finance, Auto stocks are in focus

 

Indian markets opened higher as expected today. The Nifty opened at 11513.10 made a gap up opening of 46.65 points while Sensex opened at 38948.46 a gap up of 149.38 points. The Bank Nifty also added 140.4 points and opened at 22973.40 levels.

At 10 AM, Nifty and Sensex are trading higher at 0.16% and 0.20% respectively while Bank Nifty is trading almost 1% up.

Eicher Motors, SBI, and IndusInd Bank are trading as the top gainers in the Nifty Index while HCL Tech, Bharti Infratel, and UPL are trading as top losers. Bajaj Finance, SBI, and Reliance are trading as the most active stocks in the Nifty Index.

Banking & Finance and Automobile sectors are supporting Nifty to trade higher whereas IT & Software, Metals, and FMCG sectors are trading marginally lower at 10 AM today.

 

Market Live 25th Aug, SGX Nifty is trading flat, Market is expected to open in positive

 

Good morning and welcome to share market live for 25th Aug at 8.45 AM

Asian market cues are positive today. Nikkei is trading 1.71% higher while Hang Seng is trading almost flat to negative. The SGX Nifty is also trading flat only 8 points up today. The Indian market is expected to open in the positive note today.

The US markets S&P 500 and the Nasdaq closed record high yesterday due to optimism over potential treatment for coronavirus. The S&P 500 gained 1%, Nasdaq closed higher by 0.60% while Dow index climbed 1.35% on Monday

The European markets also closed higher on virus treatment hopes which offset traders’ fear on the resurgence of coronavirus cases. The FTSE gained 1.71% while CAC and DAX were up by 2.28% and 2.36% respectively on Monday, 24th August.

Back home in India, markets closed higher Nifty gained 0.83% while Sensex was up by 0.95% on Monday. The FIIs were buyers and DIIs were sellers in the cash market. FIIs bought Rs 219.70 cr while DIIs sold Rs 335.64 cr in the cash segment on Monday.

News that can influence today’s Live share market 

China has agreed with the UN to continue pushing forward the implementation of the bilateral Phase 1 trade deal signed earlier this year as per both the countries agreed.

The SEBI is planning to repeal the volatility measures decision taken on March 2020 by the end of this month-end. As the volatility index, Indian VIX has come down below 20 the SEBI may discontinue these measures.

Food inflation expected to soften in the second half of the current fiscal as per the CRISIL.

Results today- Atul Auto, Philips Carbon Black, Goodluck India, IRCON International, Can Fin Homes, Kirloskar Electric Company, Ruchira Papers, etc

You can visit this page after the market gets open to read more share market live updates for 25th Aug.

 

You may also like to read,  Index futures: Nifty, Bank Nifty share price target for 25th Aug

 

Happy Investing!!

Editor’s Desk