Stock Market Today LIVE: The domestic benchmark indices, Nifty 50 and Sensex started lower on Thursday, witnessing a widespread decline primarily driven by metal shares, after three consecutive sessions of increases fueled by the US trade agreement.
As of 9:22 IST, the Nifty 50 had decreased by 0.3% to 25,696.75, while the BSE Sensex fell by 0.29% to 83,568.15.
Recently, the Nifty 50 and Sensex surged by 3.8% over the past three sessions, with increases in two sessions bolstered by the US trade deal that cut tariffs on Indian products from 50% to 18%.
In the morning, Gift Nifty was trading around 25,820 level, a discount of nearly 28 points from the Nifty futures’ previous close, indicating a muted start for the Indian stock market indices.
On the global front, Asian markets traded mixed, while the US stock market ended mostly lower overnight, weighed down by sustained selling in technology stocks.
Stocks to Watch
The stocks to watch today include Bharti Airtel, Tata Motors Passenger Vehicles, Hero MotoCorp, Life Insurance Corporation of India, Indian Oil Corporation, FSN E-Commerce Ventures (Nykaa), Bharti Hexacom, Hindustan Copper, Aditya Birla Fashion and Retail, Max Healthcare Institute, Mazagon Dock Shipbuilders, NCC, Alembic Pharmaceuticals, Power Finance Corporation, PVR Inox, Berger Paints India, Physicswallah, Rail Vikas Nigam (RVNL), Suzlon Energy, VA Tech Wabag, among others as these companies will report their Q3 results today.
Stay tuned to our Stock Market Today Live Blog for the latest updates.
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