MARKETS: Sensex slides 200 pts; Nifty gives up 18,150; Titan falls 4%
Last Updated on January 4, 2023 by Admin
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Opening Bell
It’s NSE counterpart Nifty50, on the other hand, was at 18,139 levels, down 72 points or 0.4 per cent.
In the broader markets, the BSE MidCap and SmallCap indices slipped up to 0.34 per cent.
Sectorally, all except the Nifty Healthcare index were trading in the red led by the Nifty PSU Bank index (down 2.4 per cent) and the Nifty Metal index (down 2 per cent).
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Pre-open session (Updated at 9:07 AM)
LIVE market updates:
Pre-open session is indicating a negative start for the benchmark indices. The BSE barometer of 30-shares is down 61 points at61,083 levels while the Nifty50 is at 18,187 levels, down 23 points.
IndusInd Bank, Titan, and L&T were the top Sensex gainers in pre-open session.
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Updated at 8:10 AM
LIVE market updates: Expiry of the October F&O series, along with the on-going corporate results season, is expected to keep the secondary markets volatile on Thursday.
Around 150 companies including Bajaj Finserv, CarTrade Tech, DLF, InterGlobe Aviation, JK Tyre, Marico, NTPC, Tata Power, SBI Card, and Westlife Development are slated to report their Q2 results today.
Nykaa IPO opens today
While most analysts recommend subscribing to the issue from a long-term perspective, they do caution against the valuation and online segment that the company operates in.
Global cues
Shares in Asia-Pacific were mixed in Thursday trade as investors await the Bank of Japan’s latest monetary policy announcement.
The Nikkei 225 in Japan declined 0.88 per cent while the Topix index shed 0.65 per cent. Mainland Chinese stocks were also lower, with the Shanghai composite slipping about 0.6 per cent. Hong Kong’s Hang Seng index climbed 0.24 per cent.
Elsewhere, South Korea’s Kospi traded 0.24 per cent higher. Shares in Australia declined as the S&P/ASX 200 fell 0.26 per cent. Meanwhile, SGX Nifty was up just 4 points at 18,215 levels at 8:08 AM.
Overnight stateside, the Dow Jones Industrial Average dropped 266.19 points to 35,490.69 while the S&P 500 slipped about 0.51 per cent to 4,551.68. The Nasdaq Composite was flat at 15,235.84.
Brent crude futures
Oil prices were lower in the morning of Asia trading hours, with international benchmark Brent crude futures slipping 2.12% to $82.79 per barrel. U.S. crude futures declined 1.9% to $81.09 per barrel.
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