Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Tuesday’s session broadly in green. The NSE Nifty 50 gained 126.20 points or 0.68% to 18,817.40 and the BSE Sensex skyrocketed 446.03 points 0.71% to 63,416.03. In sectoral indices, Bank Nifty surged 480.45 points or 1.10% to 44,121.50, Nifty Financial Services soared 1.37%, Nifty IT gained 0.73%, Nifty PSU Bank jumped 1.02%, Nifty Private Bank advanced 1.11% and Nifty Realty rose 1.24%. The top gainers on Nifty 50 were HDFC Life, Apollo Hospitals, State Bank of India (SBIN), JSW Steel and SBI Life while the losers were Cipla, Britanniam Tata Consumer Products, Adani Ports and UPL.
Share Market Today | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market Highlights
The US market ended the overnight session in red – Dow Jones Industrial Average (DJIA) dipped 0.04%, S&P 500 tumbled 0.45% and the tech-heavy Nasdaq tanked 1.16%.
Asian markets were trading mixed – Hong Kong’s Hang Seng jumped 1.5%, Asia Dow rose 0.1%, China’s Shanghai Composite Index gained 0.5% while Japan’s Nikkei 225 tanked 0.84% and South Korea’s KOSPI dipped 0.12%.
The Nifty futures on Singapore Exchanges (SGX) were trading 26 points or 0.14% higher at 18,730 in the early morning trade.
“The global market exhibited a negative bias as concerns regarding economic growth emerged in light of the political instability in Russia. This instability led to an increase in oil prices, driven by worries over potential supply disruptions, given Russia’s status as one of the largest oil producers. On the domestic front, the market experienced limited downside as the pharma and auto sectors provided support. Additionally, mid and small-cap stocks were seen recovering their positions following a recent sell-off, indicating a regained investor confidence in these segments,” said Vinod Nair, Head of Research at Geojit Financial Services.
The SGX Nifty recorded a 0.12% gain during Tuesday’s early trading session, with a value of 18,725 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex. Benchmark indices NSE Nifty 50 and BSE Sensex ended Monday’s session mostly flat. The Nifty 50 rose 25.70 points or 0.14% to 18,691.20 and BSE Sensex dipped 9 points to settle at 62,970.