Sensex trades flat amid negative global cues

Updated: Aug 29th, 2024

Source: IANS

Indian equity indices opened flat today due to negative cues from Asian and US markets. 

At 9.40 am, Sensex was at 81,816, up 31 points and Nifty was up 19 points at 25,071.

During the early trading hour, the Overall market trend remains positive. On the National Stock Exchange (NSE), 1,134 shares are in the green and 759 shares in the red.

Marginal buying is seen in the smallcap and midcap stocks. Nifty midcap 100 index is up 21 points or 0.04% at 59,179 and the Nifty smallcap 100 index is up 46 points or 0.23% at 19,369.

Among the sectoral indices, PSU Bank, fin service, pharma, FMCG and media are the major gainers. Metal, energy, realty and infra are major laggards.

In the Sensex pack, Tech Mahindra, HDFC Bank, Bajaj Finserv, Sun Pharma, Power Grid, NTPC, Nestle, ITC, Wipro and Tata Motors are the top gainers. UltraTech Cement, Infosys, HCL Tech, Tata Steel, Maruti Suzuki, JSW Steel and Axis Bank are the top losers.

Selling is seen in the Asian markets. Tokyo, Hong Kong, Bangkok, Shanghai and Seoul are in the red. Only Jakarta markets are trading in the green. The US markets closed in the red in Aug 28 trading session.

The foreign institutional investors (FIIs) turned net sellers on Aug 28 as they sold equities worth ₹1,347 crore, while domestic institutional investors bought equities worth ₹439 crore on the same day.

(This story was taken from a syndicated feed, and edited only for style by Gujarat Samachar Digital staff)

Also read:

IMF projects India to be fastest growing economy in the world

Gujarat
Your privacy

By clicking “Accept all cookies”, you agree Gujarat Samachar can store cookies on your device and disclose information in accordance with our  Cookie Policy