Nifty Detractors: HDFC Bank, L&T, M&M Shares Weigh

Markets At Open: Nifty, Sensex Fall After Muted Open As HDFC Bank, L&T, M&M Shares Weigh

The NSE Nifty 50 and BSE Sensex fell after a muted open as HDFC Bank Ltd., Larsen & Toubro Ltd., and Mahindra & Mahindra Ltd. shares weighed. The indices were trading 0.22% and 0.13% down, respectively as of 9:22 a.m.

LIVE: Yield On 10-Year Bond Opens Flat

  • The yield on the 10-year bond opened flat at 6.47%

Source: Bloomberg

LIVE: Rupee Opens Slightly Weaker Against US Dollar

  • Rupee opened 2 paise weaker at 88.66 against US Dollar

  • It closed at 88.64 a dollar on Wednesday

 Source: Bloomberg

Experts’ View: Nifty Expected To Maintain Bullish Momentum In Near Term

Stock Market LIVE: Jefferies’s New Target Price For Honasa Consumer Indicates 58% Upside Potential

Jefferies hiked the target price for Mamaearth’s parent Honasa Consumer Ltd. as the business consolidation phase is over. The new target price for the stock indicated 58% upside potential from Wednesday’s close price.

Jefferies maintained a ‘Buy’ rating and hiked the target price to Rs 450 from Rs 400 apiece earlier.

Asia Markets LIVE: Japan’s Nikkei 225 Recovers; Markets Trade Mixed

Japan’s benchmark index the Nikkei 225 recovered after opening on a weak note. The focus in on the country’s currency, the yen after Japan’s Finance Minister Satsuki Katayama issued a fresh earning currency movement.

The Nikkei 225 and TOPIX were trading 0.22% and 0.66% higher, respectively as of 7:35 a.m.

Markets across Asia showed a mixed trend as traders wait for the government shutdown in the US to end so more economic data can come out which will provide cues about the US Federal Reserve’s policy outlook.

The Hang Seng was 0.15% down and the KOSPI was 0.02% down.

LIVE: GIFT Nifty Hints At Slightly Lower Open; Honasa Consumer, IGL, Ramkrishna Forgings In Focus

The GIFT Nifty was trading 0.02% or 5 points higher at 2as of 6:36 a.m. This indicated a muted open for the NSE Nifty 50 index. Most markets in Asia were trading higher in early trade on Thursday, which may lend some support.

Traders will keep an eye on Honasa Consumer Ltd., Indraprastha Gas Ltd., Ramkrishna Forgings Ltd., Man Infraconstruction Ltd., Gujarat Narmada Valley Fertilizers Ltd. shares because these companies released their second-quarter result post market hours on Wednesday.

The NSE Nifty index ended in green, above the important mark of 25,650. Gains in the index were led by InterGlobe Aviation Ltd. and Mahindra & Mahindra Ltd.

. Read more on Markets by NDTV Profit.The Nifty 50 and Sensex were 0.13% down, each as of 9:16 a.m. Catch live updates on stock price movements, stock market news, and latest calls from analysts here.  Read MoreMarkets, Notifications ​NDTV Profit