02 Sep , 2022 By : Monika Singh
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Indian equity markets opened on a positive note amid mixed global cues. Benchmark indices NSE Nifty 50 rose over 50 points to trade above 17,600 levels and the S&P BSE Sensex climbed over 200 points to trade at 58,979 levels. Broader markets, too, reflected similar upward movement as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.7%. All sectors opened in the green zone with marginal gains. Nifty Energy, however, bucked the trend as the index fell over 1% in trade. NTPC, Bajaj Finserv, Kotak Bank were top contributors to the benchmark indices. Meanwhile, Nestle India and Maruti Suzuki weighed on the indices.
India's oil imports from Russia fall in last two months, down 25% from June. In August, India imported 7,38,024 barrels per day from Russia, 18 per cent lower than in July.
The stock surpassed its previous high of Rs 166.30 that it had touched on April 19, 2022. At 09:42 am, it traded 2 per cent higher at Rs 163.55, as compared to an unchanged S&P BSE Sensex at 58,768 points. In the past six months, NTPC has outperformed the market BY gaining 25 per cent, as against 6 per cent rise in the benchmark index. The stock has surged 41 per cent in a year, as compared to 1.4 per cent rise in the S&P BSE Sensex.
Laxman Narasimhan, a veteran in leading and advising global consumer-facing brands, has been named as the new CEO of coffee giant Starbucks, joining a growing cohort of Indian-origin business leaders at the helm of global corporations. Narasimhan, 55 was previously the CEO of UK-based Reckitt Benckiser, a multinational consumer health, hygiene and nutrition company. Starbucks announced on Thursday that Narasimhan will become the company’s next chief executive officer and a member of the Starbucks Board of Directors. Narasimhan will join Starbucks as incoming CEO on October 1, 2022.
Benchmark indices were trading lower in the volatile session with Nifty around 17500. The Sensex was down 121.07 points or 0.21% at 58645.52, and the Nifty was down 37 points or 0.21% at 17505.80.
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