Share Market News Today | Sensex, Nifty, Share Prices LIVE: Indian benchmark indices opened lower amid weak global markets. At open, the BSE Sensex was down 144.47 points or 0.25% at 57846.64, and NSE Nifty 50 fell 41.40 points or 0.24% to 17199.60. SBI Life Insurance, Bajaj Auto, HDFC Life, HUL and Maruti Suzuki were among major losers on the Nifty, while Adani Ports, Wipro, Adani Enterprises, HCL Technologies and Tata Motors were the gainers. All sectors swung between gains and losses, as Nifty IT, Nifty Media, and Nifty Metal indices gained marginally in trade. Nifty Bank, Nifty Realty, Nifty Auto indices, however, declined up to 0.4%. Asian Paints, Wipro, Infosys, HCL Tech, ITC, Bajaj Finance and TCS stocks were among top Sensex gainers.

Indian benchmark indices BSE Sensex and NSE Nifty 50 are likely to open flat, hinted SGX Nifty. Nifty futures traded 0.07% higher at 17,239.5 on the Singapore Exchange, signaling that Dalal Street was headed for a muted start. “Markets are showing tremendous resilience amid the weak global environment however traders are facing tough times due to intermediate volatility. And, now with the beginning of the earnings season, we expect the choppiness to remain high. On the index front, Nifty can extend the rebound if it manages to reclaim 17,400 else consolidation will continue. Meanwhile, we feel participants should maintain their focus more on risk management and limit the leveraged positions,”

“Currently Nifty is holding 200 DMA and would be acting as strong support for next few days. The overall structure shows that the index is likely to witness consolidation in the range of 17000-17500 in the coming sessions. A decisive upside breakout of the hurdle of 17520 is likely to gear up Nifty towards resistance of 17700-17750 levels. Indicators such as RSI and MACD are indicating neutral views as of now in the daily chart. Nifty IT and Banking sectors might muscle up to support the Index in coming days. On the other hand, Bank nifty has support at 38200 levels while resistance is placed at 39800. As we step towards the new earnings season, the prime focus of the market will turn towards quarterly numbers.”

“Currently Nifty is holding 200 DMA and would be acting as strong support for next few days. The overall structure shows that the index is likely to witness consolidation in the range of 17000-17500 in the coming sessions. A decisive upside breakout of the hurdle of 17520 is likely to gear up Nifty towards resistance of 17700-17750 levels. Indicators such as RSI and MACD are indicating neutral views as of now in the daily chart. Nifty IT and Banking sectors might muscle up to support the Index in coming days. On the other hand, Bank nifty has support at 38200 levels while resistance is placed at 39800. As we step towards the new earnings season, the prime focus of the market will turn towards quarterly numbers.”

Shares in the Asia-Pacific were mixed on Tuesday, while Taiwan’s benchmark index dropped more than 3% on its return to trade as investors weighed the impact of new US rules on chipmaker TSMC. Japan and South Korea’s markets also resumed trading after a holiday on Monday. The Nikkei 225 fell around 2% and the Topix lost about 1.5%. In South Korea, the Kospi fell 2.16% and the Kosdaq shed 3.5%. Hong Kong’s Hang Seng index fell 0.91% and the Hang Seng Tech index dropped 1.11%. The Shanghai Composite and Shenzhen Component in mainland China were little changed. In Australia, the S&P/ASX 200 bucked the overall trend and was 0.27% higher. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 1.41%.