12 Aug , 2022 By : Monika Singh
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Benchmark indices opened flat with negative bias amid mixed global cues. The Sensex was down 68.30 points or 0.12% at 59264.30, and the Nifty was down 19.20 points or 0.11% at 17639.80. Broader markets outperformed benchmark indices as Nifty Smallcap 100 and Nifty Midcap 100 surged up to 0.2 per cent. Sectorally, Nifty Realty and Nifty Metal led the gains. Nifty IT, Nifty Auto, Nifty Media, however, were losers in trade. Power Grid, NTPC, Tata Steel, SBI, IndusInd Bank were the top contributors to the benchmark indices. Maruti, Nestle India, Tech Mahindra, on the other hand, were laggards.
The Ministry of Statistics and Programme Implementation will release the retail inflation figure for July at 5.30 pm today. Headline retail inflation is likely to have cooled in July, led by lower food prices, with prices of certain key items posting a sequential fall, according to economists. In June, the inflation rate measured by the Consumer Price Index (CPI) decelerated to 7.01% from 7.04% in the month of May. Last week, the RBI lowered its inflation forecast for July-September to 7.1% from 7.4?rlier.
S&P BSE Sensex and NSE Nifty 50 have soared more than 1% so far this week as bulls continued to dominate Dalal Street. Volatility has also slipped from its highs of close to 21 levels to not sit near 18 levels. Next week is once again a holiday-shortened one for Sensex and Nifty, however, there will be no dearth of opportunities for investors as a long list of marquee names go ex-dividend. These include IRCTC, Bharat Petroleum Corporation Limited,
ONGC, IndusInd Bank, Titan Company, ICICI Bank and Hindalco were among major gainers on the Nifty, while Apollo Hospitals, Tata Motors, Tech Mahindra, Infosys and Wipro were the laggards.
Benchmark indices opened flat with negative bias amid mixed global cues. The Sensex was down 68.30 points or 0.12% at 59264.30, and the Nifty was down 19.20 points or 0.11% at 17639.80.
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