Markets Live Today: Sensex and Nifty Flat Amid Economic News

Monday, 23 September 2024, 19:18

Markets live updates highlight a flat trading session for the Sensex and Nifty, as sector performance varies significantly. Economic measures from China impact market sentiment. Stay tuned for share market news and updates on the Indian markets today.
Business-standard
Markets Live Today: Sensex and Nifty Flat Amid Economic News

Markets Today: Sensex and Nifty Trading Status

Markets live today reveal that the Indian equity benchmark indices BSE Sensex and Nifty 50 are trading flat following recent all-time highs. As of 12:00 PM, the BSE Sensex is down 51 points, at 84,877, while the Nifty 50 is down 15 points, at 25,923.

Sector Performance Overview

  • Top Gainers: JSW Steel, Tata Steel, Power Grid Corp.
  • Top Losers: Hindustan Unilever, Infosys, HDFC Bank.

Impact of Global Markets

The stability in Indian markets seems influenced by a cautious but optimistic global outlook as expectations of US rate cuts bolster risk sentiment.

Economic Drivers Behind Today’s Market Movement

China's announcement of fresh economic stimulus measures has also provided some support, particularly to metal stocks, which jumped following the news.

  1. Brighter prospects for metals: Metal index rose by 1.58%.
  2. Broader markets: BSE MidCap and SmallCap both gained around 0.2%.

Despite a flat start, the dynamics of how the markets live today unfold will depend on further economic indicators and global market trends.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Do you want to advertise here?

Related posts


Do you want to advertise here?
Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe