Share market news live: Markets are trading higher, Auto, Banking, Infra stocks are gainers

 

Share Market live at 9.35 am IST: Indian markets made a strong opening today after getting a positive indication from the global market. The Nifty opened at 11603.45 levels made a gap up opening of 100.1 points while Sensex opened at 39336.34 levels added 362.64 points at the opening. The Bank Nifty on the spot levels also added 302.1 points and opened at 22673.05 levels.

At 9.35 am IST, the Sensex and Nifty are trading around 0.76% higher while Bank Nifty on spot levels is trading above 1%

Tata Motors, HDFC, and Adani Ports are trading as top gainers in the Nifty index whereas Wipro, Infosys, and TCS are trading as top losers in the Nifty Index. HDFC, TCS, and Bajaj Finance are trading as the most active stocks in the NSE at this moment.

The automobiles, Banking & Finance, and Infra sectors are trading as top gainers whereas the IT & Software sector is trading in the red today. After yesterday’s sold performance some profit booking is seen in IT stocks.

 

Indian markets are expected to open in the green today

 

Good morning and welcome to share market news live updates for today, 6th Oct at 8 am IST

The Asian markets are trading in the green territory today. Nikkei and Hang Seng are trading higher by 0.45% and 0.87% respectively. The SGX Nifty is also trading higher by 39 points or 0.34% today. The Asain markets indicate a positive opening for the Indian share market today.

The US markets made a strong gain yesterday as investors cheered signs that political uncertainty may ease after the reports of President Donald Trump’s improving health condition. The US market indices Dow and S&P 500 gained 1.68% and 1.80% respectively while Nasdaq closed higher by 2.32% on 5th October.

The European markets closed at a two week high on Monday after positive updates on the US President Donald Trump’s health.  The European indices, FTSE and CAC closed higher by 0.69% and 0.97% respectively while DAX gained 1.10% on 5th October.

Indian markets closed positive yesterday, the Sensex and Nifty gained 0.71% and 0.76% respectively. FIIs were the buyer and DIIs were the seller in the cash market segment on Monday. FIIs bought Rs 236.71 crore whereas DIIs sold Rs 471.56 crores in the cash market on 5th October.

 

 

News that can influence share market live today

 

After a day-long of 42nd GST council meeting held yesterday, no consensus has come on the issue of borrowing to meet the compensation shortfall. The council will again meet on October 12 to discuss the same. 

The US service sector grew for the fourth straight month in September. This is because the country continued to reopen after a lockdown. The Institute for Supply Management reported on Monday that its index of service activity rose to 57.8 in September compared to 56.9 in August.

You can also read more share market news live updates after the market gets open 

 

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Happy Investing!!

Editor’s Desk