Market Live: Nifty trading above 11K, RIL, HDFC Bank are top gainers
Market Live: Nifty is trading above 11K, Reliance, HDFC Bank are in focus
Share Market Live for 4th Aug at 1 p.m- Indian market extended its morning gains, Nifty and Sensex are trading 1.40% and 1.60% respectively which Bank Nifty trading higher at 1.45%.
Asian markets are in the green today, European markets also opened in the positive note. CAC and DAX are trading marginally higher whereas FTSE is trading flat.
Reserve Bank of India has approved Sashidhar Jagdishan’s name as Chief Executive OfficerCEO of HDFC Bank. The share price of HDFC Bank is trading around 3.80% higher today.
Share Market Live: Indian benchmark indices are trading higher, Oil & Gas, Banks are in focus
Share Market Live at 10 a.m- Indian market opened in a positive note while following the global peers. The Nifty today opened at 10946.65 on spot levels up by 55.05 points while Sensex opened at 37092.86 made a gap up of 153.26 points. The Bank Nifty on spot levels opened at 21248.25, made a gap up of 176.15 points.
At 10 a.m, Nifty and Sensex are trading at 0.81% and 83% respectively while Bank Nifty trading at 1.23% higher.
Zee Entertainment, Coal India, and Hero Motor Corp are trading as top gainers in the Nifty index whereas IndusInd Bank, Tech Mahindra, and HCL tech are trading as top losers. Reliance, Bajaj Finance, and IndusInd Bank are trading as the most active stock at 10 a.m.
The sectors that are trading positively at this hour are Oil & Gas, Automobiles, Banking, and Finance. IT& Software and Healthcare are trading in the red
Share Market Live, global market cues are positive today
Good morning and welcome to Share Market Live for 4th Aug
Global markets cues are positive today, Indian markets are expected to open in green while following global peers. Asian markets are trading higher today, Nikkei is trading 1.40% higher while Hang Seng is trading 0.87% up at 8.30 a.m. The indication from SGX Nifty is also positive, currently trading at 33 points or 0.31% higher.
Global market cues
Yesterday, the US and European markets were closed in the green. The stimulus hope and better than expected manufacturing data in the US, China, and the UK boosted market sentiments globally. The Dow index was up by 0.89% while Nasdaq gained 1.47% on Monday. FTSE and DAX closed higher at 2.29% and 2.71% while CAC gained 1.93% on 3rd August.
Indian Market
Bank home in India the market closed in the negative on Monday, The Nifty closed lower at 1.64% while Sensex was down by 1.77%, Bank Nifty also fell 2.62% on 3rd August. FIIs were the buyers and DIIs were sellers in the cash market yesterday. FIIs bought Rs 7818.49 crore while DIIs sold Rs 135.55 crores in the cash segment on Monday.
News that influence Live market today
Today, the Indian market may trade in positive with the support of global cues. The strong factory output data in the US and stimulus hopes rallied the global market today, the Indian market may follow global markets today.
Crude oil prices gained more than 1% yesterday on positive economic data from the US, China, and Europe.
Results today- MRPL, Godrej Consumer Products, Gujarat Gas, Sun Pharma advance, Tata Consumer Products, Marksans, etc
You can visit this page at 10 a.m for more Live share market updates.
You can also read, 7 key factors that will influence the market next week
