13 Jul , 2022 By : Monika Singh
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 were trading in green on Wednesday, one day before weekly F&O expiry. BSE Sensex jumped 260 points or 0.5 per cent to 54,147, while NSE Nifty 50 gained 53 points or 0.3 per cent to trade at 16111. Stocks of HCL Technologies, HDFC Bank, Reliance Industries, Tech Mahindra, Titan Company were among top BSE Sensex losers. Bajaj Finserv, Asian Paints, L&T, Bajaj Finance, Hindustan Unilever (HUL), UltraTech Cements, State Bank of India were among top index gainers. Bank Nifty was up 0.4 per cent to trade 35,280 levels.
HCL Technologies share price opened more than 2% lower on Wednesday morning, hitting a fresh 52-week low, after the company’s April-June financial results missed street expectations. HCL Tech posted an 8.6% sequential drop in net profit to Rs 3,283 crore for Q1FY23. The tech firm declared an interim dividend of Rs 10 per equity share of Rs 2 each of the company for the current financial year. HCL Tech share price has fallen 21% so far this year, underperforming the headline domestic stock indices. On Wednesday morning HCL stock was trading at Rs 905, down 2.47%.
The market direction will be set by the US market move today which, in turn, will be determined by the CPI inflation data for June to be released today. June CPI inflation is expected to touch 8.8 % YoY. If the actual numbers and indications are below expectations, markets will stage a rebound. Conversely, if the actuals are higher than expectations, there can be a further sell-off impacting markets globally. So, watch out for the US inflation numbers.
BSE Sensex jumped 260 points or 0.5 per cent to 54,147, while NSE Nifty 50 gained 53 points or 0.3 per cent to trade at 16111
BSE Sensex jumps 323 points or 0.6 per cent to 54,210, while NSE Nifty 50 gained 70 points or 0.4 per cent to trade at 16128 in pre-open
Nifty is in the process of correcting the latest up move from the lows of 15511. Nifty could take support at 16011-16026 band while 16115-16158 band could offer resistance in the near term
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