Stock Market LIVE: Sensex,& Nifty Trade Lower, Realty, Banks Witness Downturn

Stock Market Today Aug 9, 2023: Indian stock market indices opened mixed on Wednesday tracking the weak global cues. The Nifty index opened marginally higher by 7.95 points at 19578.80 levels, while Sensex also opened slightly lower by 35.54 points at 65810.96 levels. The Bank Nifty made a positive opening of 9 points at the  44973.45 level.  

 

Stock Market Live Today 

 

Market Live at 9.30 am IST, the Indian stock market indices, Sensex and Nifty are trading lower by 0.34 percent and 0.27 percent respectively. The Bank Nifty is trading lower by 0.59 percent at 9.30 IST. The Nifty mid and smallcap indexes are trading mixed, the Midcap index is down by 0.24 percent while Smallcap index is trading higher by 0.21 percent.

Among the sectors, Nifty Pharma, Metal, and Media are trading higher while Realty, Bank, and IT are trading lower.

The top-gaining stocks in the Nifty 50 index are Adani Ports, Dr. Reddy, SBI Life, Coal India, and M&M and the top losing stocks are Divis Lab, ICICI Bank, HCL Tech, TCS, and Hero Motors

The most active stocks in NSE in terms of value are HDFC Bank, Coal India, and Adani Ports in terms of volume Coal India, Tata Steel, and SBI

 

Asian Stock Market Live Updates 

 

Asian stock market indexes are trading mixed on Wednesday, as China’s Consumer Prices fell 0.3% in July compared to the same period last year, while the CPI rose slightly by 0.2% on the MoM basis. Economists polled by Reuters expected July CPI to fall 0.4% compared to a year ago.

Shanghai is trading lower by 0.32% while Hang Seng erased early losses and trading almost flat. Japan’s Nikkei extended intraday losses and is trading lower by 0.42 percent. South Korea’s Kospi is trading higher by 1.04%, as the unemployment rate in South Korea rose to 2.7% in July, a tick higher from 2.6% in June, but down 0.2 percentage points compared to the same period last year. 

 

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Also, read  Gift Nifty: The Rebranded SGX Nifty Starts Trading July 3rd

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Happy Investing!

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