09 Nov , 2022 By : Monika Singh
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Indian equity markets opened in green, amid strong yet volatile global cues. Markets resumed today after being closed on 8 November on account of Guru Nanak Jayanti. Investors are eyeing the US Midterm elections and the US inflation data that is due tomorrow, which will chart further actions by the Fed. On Monday, Nifty closed around 86 points or 0.47 per cent higher at 18,203. BSE Sensex settled at 61,185, up by 235 points or 0.39 per cent.
“I am bullish on India relative to any other market for the foreseeable future. India stands to gain 100% from this global meltdown. Now, there is a cumulative pent-up demand from a billion consumers. That is now coming into play. And, at the same, by some fortunate confluence of events, China has become a pariah in the global arena, which is playing a big part in the feel-good part about India.”
Sensex, Nifty opened in green aligned with the D-St expectations and global cues. Nifty started above 18,200, while BSE Sensex opened more than 100 points higher.
The National Stock Exchange (NSE) is planning to get out of businesses that are not part of its core operations as a stock exchange and regulator. While NSE declined to comment, sources close to the development said that NSE has already identified a few companies and sent a proposal to its board for approval to sell these companies in a phased manner.
The quantum of FII selling in Index Futures has reduced as they maintain a net long positioning in Index Futures segment. Longs: Britannia, Adani Enterprises, and Bharat Petroleum Corporation. Shorts: Divi's Lab, Asian Paints, and Titan
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