Share Market Live: Nifty falls below 17900, Sensex extends previous day’s losses; Airtel, HDFC top laggards
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Indian equity indices extended Tuesday’s losses and opened in red on Wednesday.
BSE Sensex fell 138.75 points or 0.23% to 59,976.73 and NSE Nifty dipped 30.15 pts or 0.17% to 17,884.00 in the opening session.
On Tuesday, BSE Sensex fell 631.83 pts or 1.04% to close at 60,115.48, and NSE Nifty 50 was down 187 points or 1.03% at 17,914.20.
Asian markets were trading higher today with Hong Kong’s Hang Seng index rising 1.29%, Shanghai Composite in mainland China climbing 0.27% and Japan’s Nikkei225 advanced 1.05%.
Meanwhile, major US indices ended the overnight session in green.
The S&P 500 rose 0.70%, the Nasdaq advanced 1.01% and the Dow closed 0.56% higher.
Sensex, Nifty open in red
Indian equity indices extended Tuesday’s losses and opened in red on Wednesday.
BSE Sensex fell 138.75 points or 0.23% to 59,976.73 and NSE Nifty dipped 30.15 pts or 0.17% to 17,884.00 in the opening session.
Nifty, Sensex end pre-open in green
Equity indices ended the pre-opening session flat with a positive bias.
The 30-share BSE Sensex rose 0.03% and NSE Nifty 50 increased 0.06%.
FII DII Data
Foreign institutional investors (FII) sold shares worth a net Rs 2109.34 crore while domestic institutional investors (DII) bought shares worth a net Rs 1806.62 crore on Tuesday, January 10, 2023, according to the data available on NSE.
Stocks under F&O Ban
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to two stocks/securities on Wednesday, January 11, 2023.
Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) and Indiabulls Housing Finance are the stocks/securities placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Wednesday.
Dollar index hovering close to seven-month low
The dollar index, which measures the dollar against six major currencies, rose 0.058% to 103.31, hovering close to seven-month low.
Sensex, Nifty ended previous session in red
On Tuesday, BSE Sensex fell 631.83 pts or 1.04% to close at 60,115.48, and NSE Nifty 50 was down 187 points or 1.03% at 17,914.20.
se yen weakened 0.05% to 132.33 per dollar, while sterling was last trading at $1.2146, down 0.07% on the day.
Asian markets trade higher
Asian markets were trading higher today with Hong Kong’s Hang Seng index rising 1.29%, Shanghai Composite in mainland China climbing 0.27% and Japan’s Nikkei225 advanced 1.05%.
US stock market ends in green
The US equity indices ended Tuesday’s session in green.
The S&P 500 rose 27.16 points or 0.70% to 3,919.25, the Nasdaq advanced 106.98 pts or 1.01% to 10,742.63 and the Dow closed 186.45 pts or 0.56% higher at 33,704.10.
Investors await key US inflation data
“Global bourses reversed their recent gains as Fed officials stated that policymakers would raise the rate beyond 5% and hold on for a while.
Sentiments in the domestic market were further dampened by the muted start to the IT earnings season, along with their cautious commentary on the demand environment.
Investors are anticipating key inflation numbers on Thursday, to gain clarity on the Fed’s future plans.”- Vinod Nair, Head of Research at Geojit Financial Services
Nifty hovering within the bands of 17,750 and 18,250
“Following a day of pause, the Nifty dropped sharply, falling below the previous session’s low.
A bearish engulfing pattern on the daily chart points towards a further correction.
The index, however, has been hovering within the bands of 17,750 and 18,250.
A decisive breakout on either side may trigger a strong directional move.” – Rupak De, Senior Technical Analyst at LKP Securities.
