MARKETS: Sensex, Nifty volatile; Pvt banks slide; RIL, Tata Motors up 1%
Last Updated on January 24, 2023 by Admin
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Opening Bell
LIVE market updates: Contrary to what pre-open session had indicated, the frontline indices slipped marginally in early deals on Thursday, supported by gains in heavyweights like RIL, Bharti Airtel, and Maruti Suzuki.
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In the broader markets, the BSE MidCap and SmallCap indices gained 0.22 per cent and 0.38 per cent, respectively.
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Pre-open session
LIVE market updates:
The benchmark indices ended the pre-open session on a flat note but with a positive bias. The BSE Sensex was at 58,364, up 23 points and the Nifty50 was unchanged at 17,415.
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Updated at 8:20 AM
LIVE market updates: The key benchmark indices may come under pressure today as well after minutes of the US Federal Reserve’s meeting showed that various policymakers were open to speeding up elimination of their bond-buying program and move more quickly to raise interest rates if high inflation held.
That apart, FII activity, higher oil prices, and F&O expiry, back home, may also keep indices volatile today.
Global cues
Overnight, Nasdaq and the S&P 500 index ended with gains of 0.4 per cent and 0.2 per cent, respectively. Dow Jones closed almost unchanged.
Also, cues from Asian markets barring Japan were largely subdued. Nikkei had gained 0.9 per cent. Hang Seng, Shanghai, Taiwan and Straits Times were up 0.1-0.2 per cent each, while Kospi slipped 0.4 per cent.
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