Stock Market LIVE Updates Today: The GIFT Nifty Futures signal a muted to negative start for Dalal Street on Wednesday. The GIFT Nifty was down by 20.50 points, or 0.09%, at 8:10 AM at 23,892.50.
The Nifty 50 ended its two-day gain by falling 118 points (0.49%) to 23,913.70 in the last session.
The index had opened at 24,004.10 and reached a high of 24,089.80. The bears’ stampede through the afternoon saw the index skid to 23,885.45.
The BSE Sensex ended the last session at 76,009.70, down 479.26 points or (-0.63%). Broad-based selling pressure across banking, IT, financial and consumer counters.
US markets ended mixed last night. The S&P rose 0.61% to end at a record 7,519.12; the Nasdaq was also up 1.19% and ended at a record high 26,656.18, driven by the tech segment; however, the Dow Jones lost 0.23% to 50,461.68. Investors remain bullish over growth; however, they watch events in the Middle East closely.
The prices of oil slumped in Wednesday morning trade. Brent crude was trading 0.71% lower at $98.87 per barrel, while WTI crude fell 1.01% to $92.88 per barrel as global supply and political developments were monitored.
ONGC, Coal India, IRCTC, Siemens and PC Jeweller shall be on alert today due to Q4 results, OFS and industry rebalancing.
Stay tuned for LIVE stock market updates throughout the trading session today.