Stock Market LIVE: Sensex, Nifty Trade Higher Amid Volatility
Stock Market Today Aug 7, 2023: Indian stock market indices opened higher on Monday tracking the mixed cues from Asian Markets. The Nifty index opened higher by 59.85 points at 19576.85 levels, while Sensex also opened higher by 90.15 points at 65811.40 levels. The Bank Nifty made a positive opening of 114.2 points at the 44993.70 level.
Stock Market Live Today
Market Live at 9.40 am IST, the Indian stock market indices, Sensex and Nifty are trading higher by 0.25 percent and 0.24 percent respectively. The Bank Nifty is trading slightly higher by 0.10 percent at 9.40 IST. The broader markets are also trading higher following their larger peers, as the Nifty mid and smallcap indexes are trading higher by 0.22 percent and 0.40 percent respectively.
Among the sectors, FMCG, PSU Bank, and Metal are trading lower while Pharma, IT and Auto sectors are gaining the most
The top-gaining stocks in the Nifty 50 index are M&M, Sun Pharma, Grasim Hindalco, and Divis Labs and the top losing stocks are Britannia, Cipla, Tata Steel, Adani Enter, and ITC.
The most active stocks in NSE in terms of value are SBI, M&M, and HDFC Bank in terms of volume SBI, Tata Steel, and M&M.
Asian Stock Market Live Today
Asian stock market indexes are trading mixed on Monday, as investors are looking for more economic data from the region during the week. At 9 am IST, the Shanghai index is trading lower by 0.58% ahead of Trade data on Tuesday and the Inflation rate on Wednesday.
Hang Seng erased early losses and trading flat while Nikkei also erased early losses and is trading slightly higher by 0.14 percent. SET Composite is trading flat as Thailand’s July CPI inflation rate rose less than expected. Indonesia’s Jakarta Composite is trading higher ahead of the second-quarter growth data due later in the day.
Also, read Gift Nifty: The Rebranded SGX Nifty Starts Trading July 3rd
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