13 Sep , 2022 By : Monika Singh
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Indian benchmark indices BSE Sensex and NSE Nifty 50 were ruling more than half a per cent up on Tuesday. BSE Sensex was up 312 points or 0.5 per cent to 60427, while NSE Nifty 50 soared to 18045.45. Nifty has reclaimed 18000 for the first time since April. Stocks of Reliance Industries, Bajaj Finance, Titan Company, Infosys, Wipro, Tech Mahindra, HDFC Bank were among top BSE Sensex gainers. Index heavyweights such as Infosys, HDFC Bank, Bajaj Finserv, Reliance Industries, and Bajaj Finance, and others contributed the most to the indices gain. Bank Nifty index jumped 0.5 per cent to trade above 40,800 level.
Recovery in global markets especially US and Europe due to lower energy prices have led investors to believe that global inflation could taper off in the coming months. This has led to a strong rally in both Nifty & Sensex since the past few sessions. Technically, Nifty needs to close above 18000 this week and then we can expect 18350-18470 in the coming days. BSE Sensex needs to close above previous highs of 60400 for a sustained rally till 61720. Investors should stay cautious in buying as markets could remain volatile this week due to host of economic data to be announced from US and Europe.
Sensex and Nifty are riding high taking cues from the gain in the global markets. The reclaiming of it’s territories by Ukraine has cooled off the crude oil prices giving some relief to the imports bill. Also, Foreign investors have continued to be net buyers in the Indian market, which is a stark change from a couple of months back. All these factors have combined to give a positive impact on the benchmark indices. Sensex and Nifty may touch the levels of 61500 and 18600 respectively till Diwali festival
Union Finance Minister Nirmala Sitharaman was speaking to Sunil Kant Munjal, Chairman of Hero Enterprise, on the topic 'Post Pandemic: Repurposing India!' at the opening session of 15th edition of Mindmine Summit 2022
Indian equity markets are expected to open in the green on Tuesday as SGX Nifty hinted at a positive start for domestic benchmark indices BSE Sensex, NSE Nifty 50. Nifty Futures were up 112 pts or 0.62% on the Singapore Exchange ahead of today’s session. “Although key indices are lacking a bit of momentum, the undertone seems strongly bullish and as a result, the Nifty is now within a touching distance of the psychological mark of 18000. It’s merely a formality now, we would see it on the screen very soon. The real question is, does the market have enough legs to move beyond it to touch the record highs? In our sense, it’s happening sooner or later,
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