Share Market live 3rd Dec- Markets are trading positive.

 

It was a positive start for the Indian share market today as expected in the morning. The Nifty opened at 13215.30, up 101.55 points from the previous close while Sensex made a gap up opening of 283.98 points at 44902.02 levels. The Bank Nifty on the spot levels opened up at 29728.90 levels, up by 267.75 points.

At 10 am IST, Nifty and Sensex are trading higher by 0.37% and 0.35% respectively whereas Bank Nifty on the spot levels trading 0.93% up.

 

Indian markets are likely to open in the green today

 

Good morning and welcome to the share market live updates for today 3rd Dec, 8 am IST

Asian markets are mostly trading in the green today. Nikkei is trading flat while Han Seng is trading higher by 0.19% and Shanghai is trading lower by 0.50%. SGX Nifty is trading 20 points up. Indian markets are likely to open in positive as per the indications getting from the other Asian markets.

The US markets mostly closed higher on 2nd December in a choppy trading session as hopes on coronavirus stimulus package lifted investors’ sentiments. The US market indices Dow and S&P 500 gained 0.20% and 0.18% respectively while Nasdaq closed marginally lower by 0.05% on Wednesday.

European markets closed mixed on Wednesday. FTSE closed 1.23% higher after the UK became the first country to approve its Covid-19 vaccine developed with Pfizer. CAC closed marginally higher by 0.02% while DAX declined by 0.52% on Wednesday 2nd December. 

Indian share market was also closed mixed on Wednesday. Nifty closed marginally higher by 0.04% while Sensex marginally declined by 0.08%. FIIs were the buyers and the DIIs were the seller in the cash market segment. FIIs bought Rs 357.35 crore while DIIs sold Rs 1635.97 crore in the cash market on Wednesday.

 

 

News that may influence the Share Market Live today 3rd Dec.

 

Indian IHS Service PMI is expected to come on Thursday during the market. The Service PMI in India was 54.1 in October 2020. After a drop in Manufacturing PMI, the investors are expecting Service PMI in line with the previous month.

Today is the weekly option expiry, traders need to be cautious ahead of weekly expiry and tomorrow’s RBI Monetary policy outcomes.

You can visit the page after the market gets open for more share market live updates for today 3rd Dec.

 

You can also read, Nifty and Bank Nifty futures prediction for 3rd Dec 2020

                              Nifty, Bank Nifty futures prediction for (1st-4th Dec) week

Happy Investing!!

Editor’s Desk