Market Update: The Sensex trading up by 0.81 per cent while Nifty has also zoomed by 0.98 per cent!
About 2,867 stocks are advancing as against to 976 stocks that are declining, thus indicating a negative sentiment in the broader market.
Market Update at 12:45 PM: In the current trading session, benchmark indices have shown a positive performance, with Sensex trading up by 0.81 per cent while Nifty has also zoomed by 0.98 per cent.
Additionally, in the broader indices, the Nifty Mid-cap soared by 2.02 per cent, while the Nifty Small-cap increased by 2.15 per cent.
India VIX has declined by 10.87 per cent, indicating an increase in market volatility.
European stocks to open on dampen note on Wednesday, European futures DAX, CAC and FTSE traded up by 0.36 per cent, 0.54 per cent and 0.89 per cent, respectively.
In the sectoral landscape, Nifty Metal and Nifty Media emerged among the top gainers, while there were no players in the major underperforming sectors.
About 2,867 stocks are advancing as against to 976 stocks that are declining, thus indicating a negative sentiment in the broader market.
Market Update at 11:15 AM: In the ongoing trading session, Benchmark indices are trading on a positive note. Sensex soared by 0.83 per cent, while Nifty significantly increased by 1.02 per cent.
In the broader indices, the Nifty Mid-cap experienced a rally of 1.83 per cent, while the Nifty Small-cap is up by 1.79 per cent.
Furthermore, India VIX has decreased by 9.54 per cent, indicating a significant decline in market volatility.
In the sectoral landscape, Nifty Metal and Nifty Media emerged among the top gainers, while there were no players in the major underperforming sectors.
The broader market sentiment is positive, with 2,782 stocks advancing compared to 954 stocks declining.
Market Update at 9:35 AM: On Wednesday, Indian markets opened trading session on a positive note. Similarly, the Broader indices also witnessed a rally.
The Sensex is trading up at 0.90 per cent above the 79.301.10 mark while the Nifty has also soared by 1.03 per cent placed at 24,236 level.
Whereas, in the broader, the Nifty Mid-cap increased by 1.54 per cent trading below the 56.372.80 level and the Nifty Small-cap zoomed by 1.28 per cent.
India VIX has decreased by 8.40 per cent, indicating a significant decline in market volatility.
In the sectoral landscape, Nifty Metal and Nifty Media emerged among the top gainers, while there were no players in the major underperforming sectors.
About 2,477 stocks were advancing as against to 643 that were declining, thus indicating a positive sentiment in the broader market.
Pre Market: Indian markets dropped over one per cent on August 2, mirroring global equity losses due to growing concerns about the US economy and the tech sector outlook.
At the close, the Sensex stood at 80,982, down 885.6 points or 1.08 per cent, while the Nifty settled at 24,717.70, down 293.20 points or 1.17 per cent.
The GIFT Nifty is trading weak, indicating a gap-down start for the day, with Nifty futures trading at 24,373.5.
US stocks sold off for a second straight session on Friday, with the Nasdaq Composite confirming it was in correction territory after a soft jobs report stoked fears of an impending recession. The Labor Department reported an increase of 114,000 non-farm payroll jobs last month, significantly below the 175,000 average forecast by economists and the 200,000 needed to keep up with population growth. The unemployment rate rose to 4.3 per cent, near a three-year high.
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This data fueled concerns that the economy is slowing more rapidly than anticipated and that the Federal Reserve may have erred by keeping rates steady at its recent policy meeting. Expectations for a 50 basis points rate cut at the Fed's September meeting surged to 69.5 per cent from 22 per cent in the previous session, according to CME's FedWatch Tool.
The Dow Jones Industrial Average fell 610.71 points, or 1.51 per cent, to 39,737.26, the S&P 500 lost 100.12 points, or 1.84 per cent, to 5,346.56, and the Nasdaq Composite dropped 417.98 points, or 2.43 per cent, to 16,776.16.
Foreign institutional investors (FIIs) sold equities worth Rs 3,310 crore on August 2, while domestic institutional investors bought equities worth Rs 2,965 crore on the same day.
Disclaimer: The article is for informational purposes only and not investment advice.