Stock Market Today Live Updates: BSE Sensex opens over 330 points down, NSE Nifty50 tanks below 23,700
Dalal Street is set for a crucial session as elevated crude prices, geopolitical tensions and uncertainty over US interest rates continue to weigh on
Stock market today: GIFT Nifty signals weak beginning for Dalal Street Indian benchmark indices Sensex and Nifty might open on a muted note on Tuesday, with GIFT Nifty pointing to a flat-to-negative start. GIFT Nifty was trading at 23,783, down 43.5 points, or 0.18%, from the previous close. Crude oil prices rising above $97 a barrel and continued tensions between the US and Iran are likely to remain key factors for the market. Investors are also watching the impact of higher oil prices on sentiment. The cautious start comes after equities failed to hold on to the gains from the previous session. The Sensex fell 382.62 points, or 0.50%, to close at 76,132.81, while the Nifty dropped 118.55 points, or 0.50%, to end at 23,779.15. Selling was seen across most sectors, pulling both benchmarks lower. .Stock market today: Foreign investors sell over Rs 3,100 crore of Indian equities Foreign institutional investors remained a significant part of the market backdrop, with FIIs selling equities worth Rs 3,111.94 crore on Friday, according to exchange data. The selling came ahead of the subsequent session in which the Sensex declined 382.62 points and the Nifty fell 118.55 points. In the previous session, the Sensex had gained 362.57 points, or 0.48%, to settle at 76,515.43. The Nifty had also edged higher by 24.25 points, or 0.10%, ending at 23,897.70. The subsequent decline left the Sensex at 76,132.81 and the Nifty at 23,779.15. The figures provide the latest available picture of institutional equity flows in the inputs, with the foreign investor activity reported for the session before the market decline..Stock market today: Asian markets trade mixed; South Korea, Taiwan lead gains Asian markets were mixed, with South Korea and Taiwan among the markets showing gains, while Hong Kong and Australia traded lower. The Hang Seng Index fell 141.87 points, or 0.56%, to 25,271.25. South Korea’s Kospi gained 133.69 points, or 1.91%, to 7,129.08, while Taiwan’s index rose 184.81 points, or 0.39%, to 47,511.08. Japan’s Nikkei was up 120.73 points, or 0.18%, at 66,520.57, while Shanghai gained 9.773 points, or 0.25%, to 3,942.473. Shenzhen was almost flat, down 0.02%. Australia’s ASX 200 fell 0.43%, while New Zealand’s NZX 50 declined 0.63%. Malaysia and Singapore also traded lower, while Thailand’s SETI was unchanged. India’s Nifty 50 was unchanged at 23,779.15. .Stock market today: Crude oil prices edge higher as US-Iran tensions keep supply worries alive Oil prices edged higher as the conflict in the Middle East continued to intensify, raising concerns over global supplies. Brent crude rose 0.05%, or $0.05, to $97.05 a barrel, while US West Texas Intermediate (WTI) crude gained 1.03%, or $0.94, to $92.42 a barrel. The latest gains came after Iran warned that it would retaliate against any further US attacks on its assets. The warning added to concerns that the conflict could continue and put energy infrastructure and shipping routes in the Gulf at risk. The Strait of Hormuz remains a key focus for oil traders as tensions around the major route for global crude shipments remain high. Traders have been building a risk premium into oil prices because of the uncertainty around supplies. Brent had already climbed to its highest level since July 24 in the previous session. .Stock market today: Sensex, Nifty ended lower as selling weighs on key sectors Indian equities ended the previous session in red, with the benchmark Sensex declining 382.62 points, or 0.50%, to settle at 76,132.81. The index had fallen as much as 544.91 points, or 0.71%, touching a low of 75,970.52. NSE Nifty also closed 118.55 points, or 0.50%, lower at 23,779.15. Of the 30 Sensex constituents, 23 ended in the red while seven advanced. Infosys was the biggest laggard among the Sensex stocks, falling 3.81%, while Tech Mahindra, Tata Steel, Bajaj Finserv, UltraTech Cement and Tata Consultancy Services also declined. Larsen & Toubro, Bharti Airtel, Maruti and Power Grid were among the gainers.
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