Sensex Today | Stock Market LIVE Updates: Nifty, Sensex set to open in red; Vedanta, Wipro in focus
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 24,668.25, while Sensex ended at 81,748.57.
Overnight, Wall Street indices ended mixed. The Dow Jones fell for the eighth consecutive day, while the S&P 500 gained 0.4% and the Nasdaq Composite hit another record high, ending 1.2% up.
A total of 22 central banks are to declare their monetary policy decisions this week, including the US Federal Reserve, Bank of Japan and Bank of England.
Vedanta, Wipro, Mindspace REIT, Indus Towers, Gravita India, Adani Wilmar, GMR Airports, Gopal Snacks, Prataap Snacks, Bikaji Foods, Texmaco Rail, RVNL, RailTel, HCC, HPCL, Nitco Tiles, Varun Beverages, TCS, Mawana Sugars, Allcargo Terminals are among the stocks in focus today.
Sensex Today | Stock Market LIVE Updates: Marketbuzz Podcast: Market Likely To Open With Cuts, Vedanta, Varun Beverages In Focus
GIFT Nifty was trading at a discount this morning indicating a start with cuts for the Indian market. The main focus remains Wednesday’s Fed decision, which will be followed by policy announcements in Japan, the Nordics and the UK this week.
Sensex Today | Stock Market LIVE Updates: Vedanta, Zomato, Wipro, HDFC Bank And More: Stocks To Watch Today
#StocksToWatch | Here’s a list of stocks that will be in focus & going into trade today ???????????? pic.twitter.com/P7P8SBtErE
— CNBC-TV18 (@CNBCTV18Live) December 17, 2024
Sensex Today | Stock Market LIVE Updates: Equirus Recommends Buying This Underperforming 'New Age' Company
Brokerage firm Equirus has initiated coverage on Delhivery Ltd. with a “long” recommendation. The brokerage has fixed a price target of ₹459 for the stock.
Editor's Take | Reema Tendulkar Shares Her Views On The Market
Nifty intraday high
Friday 24792
Monday 24781
DII Net Sell Rs 234.25 Crore in Cash (8,636.76 – 8,871.01 Crore)
FII Net Sell Rs 278.70 Crore in Cash (11,678.24 – 11,956.94 Crore)
Watch for INR today
India’s trade deficit ballooned to a record high of USD37.8bn in November from USD27.1 in October, worse than consensus expectations
This was driven by
• Weaker than expected export growth of -4.9% y-o-y in November from 17.3% in October
• Surge in import growth at 27% versus 3.9%
• Gold imports rose to $14.9b in November vs $7.1b in October
Sensex Today | Stock Market LIVE Updates: Vedanta Is In Focus Today
Its board has approved the fourth interim dividend of ₹8.5 per share for FY25. Record date fixed as December 24, 2024.
Editor's Take | Prashant Nair Shares His Views On The Market
Nasdaq 100 closed at a new all-time-high > 22,000
SPX +0.38%, Nasdaq +1.24%, Russell 2000 +0.64%
US services PMI strong (58.5 vs 55.8 expected)
Trump emphasized plans to deregulate during a press event
Softbank said it will invest $100 billion in the US
UST 10y yield unchanged at 4.39%, Dollar Index just under 107
Final FOMC of 2024 on Wednesday, 25 bps cut almost fully priced
Nifty gave up some of Friday’s gains, broader markets did well
Support for Nifty at 24,600 & 24,414
Nifty needs to take out the 24,770-24,850 levels on the upside
Very near-term support for the Bank Nifty at around 53,300
Immediate resistance for Bank Nifty at 53,888-54,467
Sensex Today | Stock Market LIVE Updates: Nifty 50, Sensex Set To Open In Red
#CNBCTV18Market | #GIFTNifty trading at a discount of over 70 points vs Nifty Futures’ Monday’s close, indicates a start with cuts for Indian market pic.twitter.com/pXHL8aES5o
— CNBC-TV18 (@CNBCTV18Live) December 17, 2024
Sensex Today | Stock Market LIVE Updates: Oil Holds Decline as Poor China Economic Data Weighs on Outlook
West Texas Intermediate traded below $71 a barrel after slipping 0.8% on Monday, with Brent closing near $74. Chinese data on Monday showed falling refining activity and weak retail sales, and while the nation’s leaders have signaled stronger stimulus to boost domestic demand, recent steps hint Beijing will likely fall short of the kind of radical action analysts believe is needed to stem deflation.
Sensex Today | Stock Market LIVE Updates: Asian Stocks Climb Ahead of Key Rate Decisions
Equities in Asia rose ahead of interest-rate decisions by major central banks across the globe due later this week, including the Federal Reserve.
A key stock benchmark for the region climbed, as did shares in Australia and Japan. South Korean equities fell, while futures for Hong Kong stocks pointed to a decline. The moves came after a positive session on Wall Street, where the Nasdaq 100 gained more than 1% to reach another record high.
Sensex Today | Stock Market LIVE Updates: Nifty Consolidation May Continue Till The Fed Rate Outcome
After a session that tested every ounce of human emotion on Friday, the Nifty was back into consolidation mode, trading in a range and eventually ending with a negative bias, giving up some part of the huge recovery it saw on Friday. However, like it did before Friday’s session of extremes, the Nifty respected both sides of the range on Monday as well.
Sensex Today | Stock Market LIVE Updates: Top Stocks To Buy/Sell
Good morning, readers!
Welcome to CNBC-TV18’s market blog, where we provide rolling live news coverage of the markets, lineup of TV guests, in-house editors, researchers and reporters.
Have a great day ahead. Good luck!