Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic stock markets enter Monday’s trading session after a volatile week that saw Sensex slip 0.51% and the Nifty 50 end 0.3% lower. S&P BSE Sensex currently sits at 57,200 and the Nifty 50 is at 17,102. Ahead of the day’s trading session, SGX Nifty was up more than 100 points hinting at a positive start. Global cues were also suggesting positive momentum building up. Wall Street equity indices closed with large gains on Friday while Asian markets were up in the green.
Investors will today look forward to the Economic Survey and AGS Transact Technologies listing. The Economic Survey, a yearly event just ahead of the Union Budget will look to highlight the country’s economic growth momentum and suggest policy measures to aid growth. The Economic Survey will also project India’s Gross Domestic Product for the next fiscal year. Additionally, AGS Transact Technologies shares will list on the BSE and NSE today. The Rs 680 crore public issue was subscribed to by investors 7.79 times. NIIs bid for the IPO in the largest numbers, subscribing 25.61 times their quota.
India’s stock benchmarks opened the week on a positive note, aided by gains in information technology, metal, banking, power and realty stocks, amid mixed global cues after a Federal Reserve official hinted at sharper rate hikes. Focus shifts to Economic Survey 2022 which will be tabled today ahead of tomorrow’s Union Budget.
The S&P BSE Sensex rose 1.24% to 57,913.87. The NSE Nifty 50 advanced by similar magnitude to 17,313.05.
The broader indices almost mirrored their larger peers. Barring S&P BSE Capital Goods, all the other 18 sectoral indices compiled by BSE Ltd. advanced with S&P BSE Information Technology gaining over 2%.
The market breadth was skewed in the favour of bulls. About 2,130 stocks advanced, 565 declined and 115 remained unchanged.
India Switched Rs 1.19 Lakh Crore Of Bonds With Central Bank: RBI
- India’s government switched Rs 1.19 lakh crore of bonds with RBI on Jan. 28, the central bank said in a statement.
- The transaction involved buying back securities maturing in FY 2022-23, FY 2023-24 and FY 2024-25 from the Reserve Bank and issuing fresh securities for equivalent market value, to make the transaction cash neutral.
Source: RBI Statement
Stock Recommendations: Shriram City, Laurus Labs, Bharti Airtel
- Shriram City raised to ‘buy’ from ‘add’ at Kotak Securities; price target set at Rs 2,635.
- Laurus Labs raised to ‘reduce’ from ‘sell’ at Kotak Securities; price target set at Rs 500.
- Bharti Airtel raised to ‘buy’ from ‘add’ at Kotak Securities; price target set at Rs 850.
Source: Bloomberg
सोशल मीडिया अपडेट्स के लिए हमें
Facebook ( https://www.facebook.com/goldsilverreports/ )
linkedin (https://www.linkedin.com/in/nealbhai/ )
और Twitter ( https://twitter.com/goldsilverrepor ) पर फॉलो करें।
हमारी फ्री सर्विस और लोगो की paid सर्विस से कई गुना अच्छी है।
आपको हर दिन दिए जाएंगे 3 से 5 कॉल बिलकुल फ्री
हर CALL में PROFIT दिये जायेंगे
तो जल्दी से MCX CHANNEL को JOIN कर लो (NEAL BHAI REPORTS)
JOIN US CLICK HERE
EQUITY CHANNEL को JOIN कर लो (EQUITY FREE TIPS)
JOIN US CLICK HERE
