Market update @11 am: BSE Sensex and Nifty are trading on Tuesday leading on Tuesday.
At 11 am, the BSE Sensex was trading at 75,754.99 at 75,754.99 at 11 am. At the same time, the Nifty was seen trading at 22,897.45 with a gain of 50 68.30 points.
Stock market update: Recovery is being seen in the Indian stock market today. The major markets of the market are seen trading in the green mark.
Around 10:30 am, BSE Sensex was shown at a level of 75,743.50 with a gain of 377.33 (0.50%). At the same time, NSE NIFTY50 was seen trading at 50.35 (0.22%) points to 22,879.50.
Opening Bell: BSE Sensex and Nifty 50, the leading index of the Indian stock market, started trading on Tuesday. However, the impact of mixed signs from global markets and concerns related to comprehensive economic and international trade was also seen on the market.
In early trade, the BSE Sensex was seen trading at 75,736.66 with a gain of 370.49 points (0.49%), while the Nifty was seen trading at 22,935.25 with a gain of 506.10 points (0.46%).
Top Gainers and Top Losers
21 out of 30 shares on BSE Sensex are trading in green mark.
Smallcap index – midcap index
The BSE Smallcap index declined by 0.65 percent, while the BSE Midcap index is trading with a gain of 0.14 percent.
Shriram Finance, Infosys, Axis Bank shares gained up to 2%
The shares of Shriram Finance, Infosys and Axis Bank have recorded up to 2 percent on the NSE.
How will the market move today?
The benchmark index Sensex and the Nifty 50 can see the impact of the global signal, budget concerns and the results of the third quarter.
At 6:31 am, Gift Nifty Futures showed up to 22,922 with a gain of 76 points, indicating a positive start.
The previous session had fallen at 75,366.17 with a decline of 824.29 points or 1.08 percent. Similarly, the Nifty 50 also fell 263.05 points or 1.14 percent to close at 22,829.15.
Global signal
The Japanese markets were under pressure on Tuesday due to a steep decline in tech shares on Wall Street. At the same time, many Asia-Pacific markets, such as Taiwan, South Korea, China and Australia, remained closed due to holiday.
In the US, S&P 500 and NASDAQ recorded a huge decline. The decline was due to Deepsek’s new and affordable AI model, due to the bursting of bubbles of AI shares. This model of Deepseek is available at a lower cost than Silicon Valley.
The NASDAQ declined by 3.07%, while S&P 500 closed down 1.46%. However, Dow Jones closed with an increase of 0.65%, which supported Apple and J&J’s good performance.
On Monday, NVIDIA lost a market price of $ 600 billion (about ₹ 50 million) a day. This is the biggest disadvantage ever for a company in American history.
Domestic signal
Investors will be eyeing the Q3 results of many companies, including Bajaj Auto, Indian Oil, Colgate, Bosch, TVS Motor, Cipla, BHEL, Hyundai Motor, Indian Oil and JSW Energy.
Along with this, domestic investors will also react to Q3 results of companies like Tata Steel, Bajaj Housing Finance, Coal India and Emami.
Tata Steel reported its consolidated net profit 36.37% to ₹ 326.64 crore in Q3Fy25. This decline was caused by weak steel prices in various markets.
Meanwhile, the Finance Ministry has sought applications for the post of SEBI’s new chairman, as the tenure of the current chairperson Madhabi Puri Buch is going to end in a month.
IPO market update
Today the third day bidding process will continue for HM Electro Mech IPO (SM) and GB Logistics IPO (SME). At the same time, the allocation process for CLN Energy IPO (SME) will be completed today.