Market Updates

 Sensex, Nifty trading flat, Midcap & Smallcap trading higher

Share Market Live, Markets are trading flat, Metals and Auto stocks sectors are gaining

 

Market Live for 7th Aug, at 1.30 p.m- The Indian share market is trading in a flat note at 1.30 p.m IST. Bank nifty is trading marginally higher by 20 points. The European markets are also trading in a flat note at 1.30 p.m IST.

The Nifty midcap and smallcap indices are continuously trading higher today. The midcap and smallcap indices are currently trading 0.96% and 0.86% higher at 1.30 p.m IST

Bajaj Finance, Bajaj Finserve, and Asian paints are top gaining stocks in the Nifty index whereas HCL Tech, Titan, and Sun Pharma are top losing stocks. Bajaj Finance, Reliance, and HDFC Bank are trading as the most active stocks at 1.30 p.m IST.

Metals and Auto sectors are trading higher whereas IT & Software and Healthcare sectors are trading in the red.

 

You may also like to read, Nifty, Bank Nifty share price live prediction 7th Aug

 

Share Market Live: Nifty, Sensex are trading flat, Midcap and Smallcap are trading higher

 

Share Market Live for 7th Aug, at 10 a.m-Indian share market opened in red as indicated by the Asian market cues. The Nifty opened at 11186.65 levels, down by 13.5 points while Sensex opened at 37951.07 levels made a gap down opening of 74.38 points. The Bank Nifty also opened 22.35 points down at 21620.25 levels.

At 10 a.m, markets are trading almost flat. The Nifty and Sensex are trading lower by 3 and 23 points respectively while Bank Nifty trading down by 28 points.

UPL, Dr. Reddy’s Lab, and Tata Steel are trading as top gainers whereas HCL Tech, Infosys, and Hero Motor Corp are trading as top losing stocks. Reliance, Bajaj Finance, and HDFC Bank are trading as the most active stocks at 10 a.m IST

Nifty midcap and smallcap 100 indices are also trading higher. The nifty midcap index is trading 144 points higher while the smallcap index is trading 35 points up.

Metals, Auto, and Banking & Finance sectors are trading higher whereas Real Estate and IT & Software sectors are trading marginally lower. 

Share Market Live for 7th Aug:  SGX Nifty is trading 24 pts down, Indian markets may open in red

Good morning and welcome to Share Market live for 7th Aug, at 8.30 a.m

Asian markets are trading in the red today. Nikkei and Hang Seng are trading lower at 0.64% and 1.62% respectively. SGX Nifty is also trading down only 27 points. Asian market cues indicate a negative opening for the Indian markets today.

Wall Street closed higher yesterday as the investors were hopeful for the fresh round of coronavirus aid package and better than expected weekly jobless benefit claims. The Dow index was up by 0.68% and Nasdaq was gained by 1% on 6th August. European markets closed lower yesterday FTSE and CAC down almost 1% while DAX closed lower by 0.54%

Back home in India, markets closed higher yesterday. The nifty closed 0.89% higher while Sensex was up by 0.96%. FIIs were the buyers and DIIs were the sellers in the cash market yesterday. FIIs bought Rs 637.43 cr whereas DIIs sold Rs 468 cr in the cash market on 6th August.

 

News that can influence today’s live share market

The US President Donald Trump said yesterday that coronavirus vaccine is possible before November 3, US election in the US. The US jobless claims numbers fell compared to last week.

In India, State-wise GST collections in July showed 11.1% month on month dip in most states, except a few small ones as per the government data released.

India’s weekly Foreign Exchange Reserve data will be released today.

Today’s result- Mahindra & Mahindra, Siemens, Bata India, Aditya Birla Capital, Alkem Lab, Andhra paper, BEML, Container Corporation of India, Emami, Abbott India, etc

You can visit after 10 a.m for more share market live updates for 7th Aug

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You may also like to read, Nifty and Bank Nifty futures prediction for 7th Aug

 

Happy Investing!!

Editor’s Desk