Benchmark indices surge over 1 per cent as broader market shines!
Sensex trading higher by 1.09 per cent while Nifty trading higher by 1.06 per cent.
Market Update at 2:45 PM: In the current trading session benchmark indices are trading positive, with Sensex trading higher by 1.09 per cent while Nifty trading higher by 1.06 per cent. Similarly, in the broader indices Nifty Midcap higher by 2.03 per cent, while Nifty Smallcap higher by 1.99 per cent.
India VIX declined by 6.64 per cent and is trading around the mark of 15.05 indicating a fall in market volatility.
Within the sectoral landscape Nifty IT, Nifty Realty, and Nifty MID SELECT is among the Top Gainers while no sector is underperforming.
BEL, ADANIENT, and TCS are among the top gainers within the Nifty 50 while, TITAN, INDUSINDBK, and SBILIFE are among the Top Losers.
About 1,967 stocks are advancing as against to 403 stocks that are declining, thus indicating a positive sentiment in the broader market.
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Market Update at 9:45 AM: On Wednesday, markets opened on a positive note, with both Nifty and Sensex showing positive movement. Nifty IT led the gains and Nifty Metal was the biggest laggard.
As of now, the Sensex is up by 0.68 per cent, hovering around 80,010, and Nifty is up by 0.72 per cent, trading near 24,390. Similarly, in the broader market, the Nifty Midcap rose about 1.19 per cent to about 56,780, and the Nifty Smallcap is up by 1.04 per cent, trading near 18,690.
India VIX down by 5.46 per cent and is trading at 15.24, indicating a fall in market volatility.
Within the sectoral landscape Nifty IT, Nifty Realty, and Nifty MID SELECT sector is among the top gainers while Nifty Metal is underperforming.
TRENT, HCLTECH, and INFY are among the top gainers within the Nifty 50 while TITAN, TATASTEEL, and SBILIFE are among the top losers.
About 1,918 stocks are advancing as against to 355 stocks that are declining, thus indicating a positive sentiment in the broader market.
Pre-Market at 8:15 AM: Asian markets mostly gained on Wednesday, tracking Wall Street's rally amid U.S. election voting. Japan's Nikkei rose 1.3 per cent, Australia’s ASX 200 gained 0.8 per cent, and South Korea’s Kospi added 0.6 per cent, while China’s CSI 300 traded flat. Hong Kong’s Hang Seng opened 1 per cent lower.
In the U.S., major indices closed higher on Tuesday, with the S&P 500 up 1.23 per cent to 5,782.76, the Dow Jones rising 1.02 per cent to 42,221.88, and Nasdaq gaining 1.43 per cent to 18,439.17.
On November 5, India's NSE Nifty 50 rose 0.91 per cent to 24,213.30, and the Sensex climbed 0.88 per cent to 79,476.63, marking their best session since September, supported by banking stocks in late trade.
Foreign portfolio investors were net sellers in Indian equities for the 27th consecutive session, offloading Rs 2,569.4 crore. Domestic institutional investors bought stocks worth around Rs 3,031 crore.
GIFT Nifty futures slipped 0.3 per cent to 24,233.00 early Wednesday. The Indian rupee closed flat against the U.S. dollar at 84.109, while oil prices softened as election polls closed in the U.S.
Disclaimer: The article is for informational purposes only and not investment advice.