SGX Nifty has a slight strength in today’s trade, but selling is visible in other Asian markets. On the other hand, major US markets also closed weak on Wednesday.
Stock Market Update Today: The domestic stock market is seeing a rise amid weak global cues. However, investors seem cautious. Where there is a gain of more than 100 points in the Sensex. On the other hand, Nifty has crossed 17500. Auto and IT stocks are booming in today’s business. Both the indices are looking strong on Nifty around half a percent. Banks and financial indices are also trading in the green. Metal, Pharma, FMCG and Realty indices are also seen in the green. At present, there is a gain of 107 points in the Sensex and it is trading at the level of 58,791.30. Whereas Nifty is trading at the level of 17538 by gaining 40 points. However, there is good action in heavyweight stocks.
20 stocks of Sensex 30 are in green mark. Today’s top gainers include M&M, ASIANPAINT, ITC, HDFC, TATASTEEL and TECHM. While Infosys and RIL are among the top losers. There is slight strength in SGX Nifty in today’s trade, but selling is being seen in other Asian markets. On the other hand, major US markets also closed weak on Wednesday. Investors are eyeing the Russia and Ukraine crisis. However, there has been a softening in crude prices. Brent crude has settled around $ 109 per barrel.
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