Share Market Live Today 23 April 2021
Market live today 23 April: Indian share markets are trading lower amid mixed global cues
Market live today 23 April: Indian share markets opened in the red as indicated by the SGX Nifty in the morning. Nifty opened at 14326.35 levels, 79.8 points down from its previous close. Sensex made a negative opening of 216.86 points and opened at 47863.81 levels. The Bank Nifty on the spot price also opened lower by 292 points at 31490.60 levels.
At 9.40 am IST, Sensex and Nifty are trading lower by 0.58 percent and 0.44 percent respectively while Bank Nifty on the spot price is trading 0.94 percent down.
Power grid corp, SBI life, and Tata Steel are trading as the top gainers in the Nifty50 index whereas ICICI Bank, HDFC, and Bajaj Finance are trading as the top loser. The most active stocks at this moment are Tata Steel, ICICI Bank, and Tata Motors.
On a sectoral basis, Metals, Healthcare, Insurance, and Power sectors are trading higher whereas Banking, Finance, FMCG, Automobiles, and IT sectors are trading lower at this moment.
Indian share markets may open in the red today
Good morning and welcome to the share market live today 23 April, at 7.50 am IST
Asian markets are trading mixed on Friday. Hang Seng and Shanghai are trading higher by 0.84 percent and 0.24 percent respectively. Nikkei after yesterday’s sharp rise is now trading lower by 0.76 percent. SGX Nifty is also trading lower by 49 points indicating a negative opening for the Indian share market today.
The US markets fell on Thursday despite better than expected jobless claim data on the news that President Biden is considering nearly double capital gain taxes on the wealthy. The US market indices Dow Jones and Nasdaq fell 0.94 percent while S&P 500 declined 0.92 percent on Thursday.
European markets closed higher on Thursday, following a set of strong company earnings and as the European Central Bank (ECB) left the policy unchanged as expected. The European market indices CAC and DAX gained 0.91 percent and 0.82 percent respectively. While FTSE was up by 0.62 percent on Thursday.
Indian share market erased all losses in the second half on Thursday and closed in the positive territory. Sensex and Nifty gained 0.79 percent and 0.77 percent respectively on Thursday. FIIs were the sellers and DIIs were the buyers in the cash market segment. FIIs sold Rs 909.56 crores whereas DIIs bought Rs 849.98 crores in the cash market segment on Thursday.
News that may impact the share market live today, 23 April
On Thursday, Fitch Ratings affirmed ‘BBB-’ sovereign rating for India, saying the recent surge in Covid-19 cases poses increasing downside risk to the FY22 GDP growth outlook. According to Fitch, the second wave of coronavirus can delay the recovery but is unlikely to derail it.
Fitch has forecasted, a12.8 percent recovery in GDP in the fiscal year ending March 2022, moderating to 5.8 percent in FY23, from an estimated contraction of 7.5 percent in FY21.
US jobless claims hit the new Covid-19 pandemic low, the worker’s filings for the unemployment benefits declined 39000 to 547,000 last week.
Today’s result- HCL Technologies, Mahindra and Mahindra Financial Services, Indiabulls Real Estate, Aditya Birla Money, Oriental Hotels, Bombay Wire Ropes, Control Print, etc.
You can visit this page again to read more updates on the Indian share market live today 23 April, after the market gets open.
You may also like to read, Nifty and Bank Nifty Prediction for tomorrow 23 April
What is SGX Nifty? Can Indian trade in SGX Nifty?
Happy Investing !!
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