Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity markets enter the week’s initially trading session on the back of two consecutive days of gains. S&P BSE Sensex presently sits at 52,975 whilst the NSE Nifty 50 is at 15,856 points. However, bears could try to retake manage on Dalal Street today with SGX Nifty hinting at a weak start out, trading 99 points reduced. Cues from international peers have been mixed even although Wall Street closed in the green on Friday. Asian stock markets have been trading mixed with Hang Seng and Shanghai Composite sitting in the red whilst Nikkei 225, TOPIX, KOSPI, and KOSDAQ surged larger.
Dalal Street will continue to be moved by the earnings season this week along with initial public offerings. Late last week India’s biggest private business, Reliance Industries Ltd (RIL), announced its quarterly outcomes. This was followed by cigarette to hospitality giant ITC and banking behemoth ICICI Bank more than the weekend. “Markets will first react to results of three majors Reliance Industries, ITC and ICICI Bank on Monday whose weightage in Nifty is ~20%. It will track global cues for further market direction while a lot of stock-specific action will be seen given the earnings season in progress,” mentioned Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services. This week markets may well see the opening of Glenmark Life Sciences and Rolex Rings’ IPO. Later, investors will also retain tabs on the listing of Tatva Chintan Pharma.