Market Update: The Sensex is trading down by 0.20 per cent above the 80,555.22 mark while the Nifty has also dipped by 0.24 per
About 1,014 stocks are advancing as against to 2,098 stocks that are declining, thus indicating a negative sentiment in the broader market.
Market Update at 9:35 AM: On Thursday, Indian markets opened trading session on a muted note. Similarly, the Broader indices also displayed negative performance. The Sensex is trading down by 0.20 per cent above the 80,555.22 mark while the Nifty has also dipped by 0.24 per.
Whereas, in the broader, the Nifty Mid-cap declined by 1.06 per cent trading below the 57,057.35 level and the Nifty Small-cap plunged by 1.34 per cent.
India VIX has surged by 1.85 per cent, indicating a increase in market volatility.
Within the sectoral landscape Nifty IT was among the top gainers while Nifty Realty and Nifty Media are the major sectors which is underperformed!
About 1,014 stocks are advancing as against to 2,098 stocks that are declining, thus indicating a negative sentiment in the broader market.
Pre-Market Update at 8:15 AM: On Wednesday, the S&P 500 and the Nasdaq took a hit as microchip shares plunged amid potential U.S.-China trade conflicts, intensifying the ongoing shift away from megacap tech stocks. The Dow Jones Industrial Average rose by 243.6 points (0.59 per cent) to 41,198.08, while the S&P 500 dropped 78.93 points (1.39 per cent) to 5,588.27, and the Nasdaq Composite fell by 512.42 points (2.77 per cent) to 17,996.93.
The GIFT Nifty is trading lower, suggesting a flat to negative start for the day. Nifty futures were at 24,671.50. Meanwhile, the Indian market extended its winning streak for the third consecutive session on July 16, with benchmarks hitting fresh record highs thanks to buying in IT, realty, and FMCG stocks. At close, the Sensex was up by 51.69 points (0.06 per cent) at 80,716.55, and the Nifty was up by 26.30 points (0.11 per cent) at 24,613.
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On July 17, 2024, foreign institutional investors (FII) bought shares worth Rs 1,271.45 crore, while domestic institutional investors (DII) sold shares worth Rs 529.48 crore.
Disclaimer: The article is for informational purposes only and not investment advice.