Live Stock Market Updates - Nifty reclaims 10K |capitalaim|

Equity tips:-

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  • The Indian stock market rebounded after opening lower led by gains in ICICI Bank, Tata Motors and Tata Steel. The Nifty 50 Index reclaimed its crucial psychological level of 10K.
  • Asian stock markets trade higher on Monday as investors in Asia awaited the release of China Caixin services PMI.
  • Meanwhile, Nifty Pharma Index is gaining on bourses among the sector indices on NSE.
  • The Indian rupee strengthened marginally against the US dollar in opening trade tracking gains in Asian currencies market.
  • At 10:06 AM, the S&P BSE Sensex is trading at 31,934 up 120 points, while NSE Nifty is trading at 10,012 up 33 points.
  • The BSE Mid-cap Index is trading up 0.5% at 15,924, whereas BSE Small-cap Index is trading up 1% at 16,750.
  • Cipla, Zee Ent, Tata Steel, IOC and UltraTech Cement are among the gainers, whereas Adani Ports, Power Grid, HCL Tech, and ONGC are losing sheen on NSE.
  • Tata Teleservices stock tanks 13% on reports that the company is likely to wind down operations in phases.
  • SPARC stock drops 10% after Baclofen GRS did not meet the primary endpoint in placebo-controlled studies.
  • Sobha stock zooms 6.5% as Jul-Sept realty sales up 8% on quarter.
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