Stock Market News Live: Nifty Opens At 25,100, Sensex Drops 20 Points At Open

The NSE Nifty 50 and BSE Sensex opened lower on Wednesday. The Nifty 50 was trading 0.86% down at 22,250.40 and the Sensex was down 627.57 points at 73,948

Stock Market News Live: Nifty Near 25,200, Sensex Down Over 30 Points At Pre-Open

At pre-open, the markets were trading mixed at the Nifty 50 was at 25,196 as of 9:14 a.m. The Sensex was down over 30 points at 82,534 as of 9:14 a.m.

Stocks In Focus: HDFC Life, ICICI Lombard, Dixon Tech 

The shares of HDFC Life, ICICI Lombard, HDB Financial will be in focus today after these companies posted their first quarter earnings. Dixon Tech will also be in focus after the company has received positive outlook on its joint venture and more regulatory support.

USD-INR: Rupee Opens Weaker Against US Dollar 

Rupee depreciated by 17 paise against US dollar to open at 85.98, according to Bloomberg. The local currency had closed at 85.81 on Wednesday.

Aditya Birla Lifestyle Rated New ‘Buy’ At Bernstein — Here’s Why

Bernstein has initiated coverage on Aditya Birla Lifestyle Ltd. with a target price of Rs 170 and a ‘Market-Perform’ rating. The company recently got demerged from parent arm Aditya Birla Fashion and Retail Ltd. to list as a separate entity on exchanges on June 23.

The brokerage believes, “ABLBL’s market leader legacy brands have strong brand recall and profitability”.

What Brokerages Say About Tesla Arrival In India

Tesla has officially entered India with the launch of the Model Y, marking a long-awaited move that has sparked excitement across the automotive and investment worlds. But while the American EV giant’s sleek electric SUV now adorns showrooms in Mumbai, leading brokerages are united in their view: the impact on domestic automakers is minimal, for now.

Stock Market News Live: Wall Street Recap

The S&P 500 Index closed lower for the second time in three sessions on Tuesday, weighed down by financial companies as mixed earnings results from banks offset an upbeat report showing consumer prices are cooling.

The benchmark equities index fell 0.4%, after rising as much as 0.5% earlier to briefly eclipse the psychologically important 6,300 level after the opening bell. Meanwhile, the Nasdaq 100 Index rose 0.1% to notch a fresh closing record. Dow Jones Industrial Average sunk nearly 1%.

Stock Market News Live: What F&O Cues Indicate

  • Nifty July futures up by 0.46% to 25,283 at a premium of 88 points.

  • Nifty July futures open interest down by 0.28%.

  • Nifty Options 17 July Expiry: Maximum Call open interest at 26,000 and Maximum Put open interest at 25,000.

  • Securities in ban period: Glenmark Pharma, Hindustan Copper, RBL Bank.

Stock Market News Live: GIFT Nifty Indicates Gap-Down Start

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The GIFT Nifty was trading near 25,200 early Wednesday. The futures contract based on the benchmark Nifty 50 fell 0.35% at 25,177 as of 6:45 a.m. indicating a negative start for the Indian markets.

India’s benchmark equity indices snapped four sessions of losses to close higher on Tuesday, led by gains in auto and financial stocks. HCL Technologies Ltd. took a beating after June quarter disappointment.

The NSE Nifty 50 ended 113.5 points or 0.45% higher at 25,195.8, while the BSE Sensex closed 317.45 points or 0.39% up at 82,570.91. Intraday, the Nifty tested the 25,100 level before positive momentum took over. The index gained as much as 0.65% during the session.

. Read more on Markets by NDTV Profit.The GIFT Nifty was trading near 25,200 early Wednesday.  Read MoreMarkets, Business 

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