Today’s market live 22 Dec: Sensex and Nifty trading lower

 

It was a mixed start for the Indian stock market today. The Nifty opened in positive as indicated by SGX Nifty today morning but could not sustain at higher levels and immediately turned into red. The Nifty opened at 13373.65 level, up by 45.25 points while Sensex opened at 45529.61levels, down 24.35 points. The Bank Nifty on the spot levels made a gap up opening of 151.05 points at 29607.50 levels.

At 10 am IST, Nifty and Sensex are trading lower by 0.44% and 0.35% while Bank Nifty on the spot level is 0.60% down.

Tech Mahindra, Power Grid, and HCL tech are trading as the top gainers in the Nifty Index whereas Tata Motors, Bajaj Finance, and Asian Paints are trading as the top losers. Reliance, Bajaj Finance, and Tata Motors are trading as the most active stocks in the NSE.

On a sectoral front, except IT & Software and Telecom, all other sectors are trading in the red today. Automobiles, Capital goods, Financials, Metals, and Oil & gas are trading in the deep red today.

 

Indian markets may see a positive opening

 

Good morning and welcome to today’s market live, 22 Dec at 8.10 am IST

Asian markets are trading mostly in the red today. Nikkei and Shanghai are trading lower by 0.38% and 0.49% respectively while Hang Seng is trading almost flat. SGX Nifty is trading 162 points higher today. Indian markets may open in the green as a positive indication getting from SGX Nifty today.

US markets mostly closed in the red as a rapidly spreading strain of coronavirus emerging from England prompted fresh travel restrictions. Traders were concerns about the setback for the global economic recovery. The US market indexes S&P 500 and Nasdaq fell 0.39% and 0.10% respectively whereas Dow closed marginally higher by 0.12% on Monday.

European markets closed lower on Monday as the rapid spread of a new strain of the coronavirus forced a lockdown in the UK and a travel ban from many countries. Travel stocks slipped more than 5% on the first day of the week. The European indexes CAC and DAX fell 2.43% and 2.82% respectively while FTSE declined 1.73% on 21 December.

Indian stock markets fell sharply on Monday. The benchmark index Nifty and Sensex declined more than 3% on 21 December. FIIs were the seller after a long time and DIIs were the buyers in the cash market. FIIs sold Rs 323.55 crore whereas DIIs bought Rs 486.12 crore in the cash market segment.

 

News that may influence today’s market live 22 Dec

 

As per CRISIL said on Monday, corporate profits rose 15% and touched an all-time high in the September quarter. As per the domestic research agency, the corporate margin widened on softer input costs and better utilization.

Russia will jointly produce Sputnik V vaccine for Covid-19 with India and will be manufactured by Indian pharma company Dr. Reddy’s Lab. Russian envoy to India Nikolay Kudashev said on Monday.

You can visit this page again after the markets get open to read more updates from today’s market live 22 Dec.

 

You can also read, Nifty & Bank Nifty futures prediction for 22 Dec 2020

                               Market Prediction- Nifty & Bank Nifty futures for 21-24 Dec

 

Happy Investing!!

Editor’s Desk