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Indices open flat amid global cues; HDFC Life dips 3%
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The stock markets opened flat on Tuesday tracking a mixed trend in global markets and sustained foreign fund outflow.. The Sensex was up 7.06 points or 0.01 percent at 52742.65. The Nifty50 declined 6.40 points or 0.04 percent at 15,808.30. About 1234 shares have advanced, 542 shares declined, and 69 shares are unchanged. The Nifty sectoral indices were mixed, with Nifty Private bank down 0.4 percent. S&P BSE MidCap and SmallCap indexes were trading 0.37 percent and 0.47 percent higher, respectively.
Asian Paints, Reliance Industries, and Larsen & Toubro were the top Sensex gainers. On the other hand, HDFC Bank and Kotak Mahindra Bank were the top laggards.
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Trends on SGX Nifty indicate a cautious opening for the indices
ANI Photo
Trends on SGX Nifty indicate a cautious opening for the index in India with a 20 points loss. At 09:02 AM, the Sensex was up 75.11 points or 0.14 percent at 52810.70, and the Nifty was up 7.30 points or 0.05 percent at 15822.00. The Nifty futures were trading at 15,854 on the Singaporean Exchange. The Nasdaq and S&P 500 hit all-time highs on Monday, fuelled by tech stocks as investors expect a robust earnings season while interest rates remain low. Big tech companies including Facebook, Netflix, Twitter and Nvidia Corp were among the biggest boosts to the S&P 500 and the Nasdaq.
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Market likely to open on flat note amidst dull global cues
June 29, 2021
A view of the Bombay Stock Exchange (file photo) - REUTERS×
HDFC Life, RITES, Thomas Cook may see action
Domestic markets are expected to open on Tuesday on a negative-to-flat note amid weak global cues. As the Union Government announced fresh relief measures to boost economy, experts believe that the market is likely to move in a range with limited downfall.
The SGX Nifty is currently ruling at 15,858 indicates (8 am) a flat opening as the Nifty futures on Monday closed at 15,855 and the spot at 15,814.70.
The divergent trend continued at the US bourses, with tech-focussed Nasdaq and the broader S&P 500 edging up almost one per cent and 0.23 per cent respectively, even as the Dow Jones Industrial Average slipped 0.44 per cent.
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