The stock market has lost its initial gains and is now under pressure.
The Sensex has risen by just 10 points to 82362. After reaching 82617 today, the Sensex is now turning green and sometimes red.
Nifty is trading 8 points up at the level of 25206. Today it went up to 25275. Ultratech, Titan, Shriram Finance, Divas Lab and JSW Steel are in the Nifty top gainers list. Nestle India, Bharti Airtel, Britannia, HDFC Life and HCL Tech Lal are in the list of Nifty top losers.
9:15 AM Share Market live Updates 5 Sep:The stock market has regained its shine. Both Sensex and Nifty started with a green mark today on Thursday.
The 30-stock BSE benchmark index Sensex opened with a gain of 117 points at 82469, while the 50-stock NSE index Nifty 50 opened the day’s trading 51 points higher at 25250.
Today, the stock market is expected to return to its glory. Looking at the mixed global signals, the Sensex and Nifty-50 are likely to open at a higher level today i.e. Thursday.
Let us tell you that on Wednesday, the Indian stock market closed with a fall of 202.80 points. The Sensex closed at 82,352.64 and the Nifty 50 closed at 25,198.70, down 81.15 points.
What are the global signals for the stock market
Asian Market: The MSCI Asia Pacific index rose 0.5%. South Korea’s Kospi index added more than 1% as chipmaker stocks rose.
Gift Nifty: Today at around 7:15 am, GIFT Nifty was trading at around 25,366.50 level. There is a premium of about 116 points over the previous close of Nifty futures, which indicates a positive opening for the Indian stock market.
Wall Street Falls: US stock indexes continued to fall on Wednesday, a day after US markets saw their biggest drop in a month. The S&P 500 fell 0.2% on Wednesday, after falling 2.1% on Tuesday. The Nasdaq Composite also fell 0.3%. Despite this, the Dow Jones Industrial Average gained 0.1 percent.
What is the situation of dollar and crude: The dollar index fell 0.3% to 101.4. On Wednesday, crude oil futures fell more than $1 per barrel.
Brent crude futures fell $1.05, or 1.42%, to settle at $72.70 a barrel, while US West Texas Intermediate crude futures fell $1.14, or 1.62%, to $69.20.
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