MARKET LIVE: Sensex down 90 pts in pre-open trade, Nifty slips 30 pts

Last Updated on December 23, 2022 by Admin


Pre-open Session:

LIVE market updates: The BSE Sensex ended the pre-open session, with a loss of 91 points at 60,045. The NSE Nifty 50 index was down 30 points at 17,916.

NTPC was the top gainer in the Sensex 30 stocks, up 1.5 per cent followed by TCS, HCL Technologies, PowerGrid Corporation and Axis Bank.

On the other hand, Mahindra & Mahindra, IndusInd Bank, Infosys and ICICI Bank were the prominent losers in the Sensex 30.


(Updated at 08:11 AM)

Indian market are eyeing a gap-down start on Tuesday as soaring energy and commodity prices stoke inflation fears. was down 105 points at 17,856 around 8.05 am.

Separately, investors would keenly eye the September CPI Inflation and the Industrial Output for August, wherein encouraging numbers could help trim losses.

Earnings Today

A total of 6 companies will post their September quarter earnings today, namely BEPL, DRC Systems India, JTL Infra, Ind Bank Housing, IndBank Merchant Banking Services and G.M. Breweries.

Global cues

The US stock ended the choppy session lower, with Dow Jones Industrial Average down 0.72 per cent, the S&P 500 0.69 per cent and the Nasdaq Composite 0.64 per cent.

In Asia, most declined along with US equity futures. Japan’s Topix index lost 0.8 per cent, South Korea’s Kospi declined 1.8 per cent, Australia’s S&P/ASX 200 Index fell 0.4 per cent and Hong Kong’s Hang Seng Index shed 1.6 per cent. S&P 500 futures were down 0.7 per cent.

mail Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor


Source link