06 Sep , 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 red on Tuesday amid mixed Asian cues. BSE Sensex fell 100 pts to trade at 59,120, while NSE Nifty 50 gave up 17650 level. Stocks of Power Grid Corporation of India, Reliance Industries, NTPC, Maruti Suzuki, L&T, Bharti Airtel were among top BSE Sensex gainers. On the flip side, Kotak Mahindra Bank, Nestle India, Wipro, Tata Consultancy Services (TCS), Dr. Reddy’s, Tech Mahindra, and Infosys were among top index losers. US stock market remained closed yesterday on account of Labor Day holiday, shares in the Asia-Pacific traded mixed in early morning trade today.
Reliance Industries has today signed definitive agreements to acquire a majority stake in SenseHawk Inc for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products, and R&D. SenseHawk’s Solar Digital Platform offers end-to-end management of solar asset lifecycles.
BSE Sensex jumped 250 pts or 0.4 per cent to trade at 59,500, while NSE Nifty 50 soared half a per cent to 17,765
Asian shares rose on Tuesday morning after China pledged to make renewed efforts to boost its economy on Monday, while investors pinned hope on more clarity ahead of a number of central bank meetings. MSCI’s gauge of Asia-Pacific stocks outside Japan was up 0.47%, with China’s benchmark CSI300 Index and Hang Seng Index opening up 0.2?ch. Chinese policymakers signalled a renewed sense of urgency on Monday for steps to shore up a flagging economy, saying this quarter was a critical time for policy action as evidence pointed to a further loss of economic momentum.
Bank nifty hit a multi month high and registered bullish belt hold candlestick pattern after doji candle on daily chart. Bullish crossover in RSI above 60 marks also showing strength in the index. Immediate resistance stands at 40,000 marks above which it can extend its gain towards 40,600 levels with firm support lies at 39,400 levels.”
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