Stock Market Live 15 Dec: markets are trading in the red, banks are down

 

It was a flat to negative start for the Indian stock market today. Nifty opened at 13547.20 levels, down 10.95 from the previous close while Sensex opened at 46,287.39, up 33.95 points. The Bank Nifty on the spot levels opened at 30805.40 level made a positive opening of 59.5 points today.

At 9.50 am IST, Nifty and Sensex are trading lower by 0.50% and 0.54% respectively while Bank Nifty on the spot level is trading 0.76% down.

Eicher Motors, Shree Cements, and Ultratech Cement are trading as the top gainers in the Nifty index whereas Tata Motors, ONGC, and Axis Bank are trading as top losers. Reliance, Axis Bank, and Bajaj Finance are trading as the most active stocks in the NSE.

Automobiles, Capital goods, and Healthcare sectors are trading marginally higher whereas Oil & Gas, FMCG, and Banking stocks are trading lower.

 

Indian stock market may start flat to negative today

 

Good morning and welcome to the stock market live today 15 Dec, at 8.05 am IST

Asian markets are trading in the red today. Hang Seng and Shanghai are trading lower by 0.61% and 0.36% respectively while Nikkei is trading 0.31% down. SGX Nifty is also trading 60 points down indicating a flat to negative opening for the Indian stock market today.

US stock markets fell in the last hour erased morning gains on Monday even after the rollout of the Covid-19 vaccine which could help to prevent the spread of pandemics. The tech-heavy Nasdaq closed higher by 0.50% while Dow and S&P 500 fell 0.62% and 0.44% respectively on 14 December.

European stock markets mostly closed in the green on Monday as a decision to extend trade talks between Britain and the European Union kept hopes of an eventual deal alive. FTSE closed 0.23% lower as a rising pound, declining energy shares, and 6% drop in Astra Zeneca restrained the market. CAC and DAX closed higher by 0.37% and 0.83% respectively on 14 December.

Indian stock markets closed higher on Monday. Nifty and Sensex gained 0.33% and 0.34% respectively on the first day of the week. FIIs bought Rs 2264.38 crore whereas DIIs sold Rs 1721.11 crore in the cash market segment on Monday 14 December.

 

News that may impact the stock market live today

 

India’s retail inflation (CPI) for the month of November came post market hours today. November’s CPI was at 6.93% as compared to 7.6% in the month of October. The ease in retail inflation is due to lower food inflation as expected.

The CII in its recommendations for Union Budget 2021 to Finance Minister Nirmala Sitharaman, has said the government should prioritize its expenditure in three areas; healthcare, infrastructure, and sustainability. It also said that disinvestment and monetization of assets can bring in revenues at a time when tax revenues have fallen sharply.

You can visit this page again to read more stock market live updates today after the market gets open.

 

You can also read, Nifty & Bank Nifty Futures Prediction for 15 Dec 2020

                               Nifty & Bank Nifty futures Trading view for 14-18 Dec 2020

 

Happy Investing !!

Editor’s Desk