Sensex Today | Stock Market LIVE Updates: The Nifty index is trading with gains of over 100 points. The index has been volatile in the early hours of the day’s trade. The Sensex is trading below the 81,000 mark.
Sensex Today | Stock Market LIVE Updates:Â The Indian markets seem to be breaking the patterns, as the indices are trading in green. The Nifty index is trading with gains of close to 100 points, hovering around 24,670. The Sensex index has also surged, trading with gains of 200 points
A major trigger for the markets this week, aside from the earnings, will be the monetary policy decision of the Reserve Bank of India, which will be announced on Wednesday, August 6, as a lot has changed on the ground from the previous central bank policy. Growth concerns have also re-emerged after weaker-than-expected jobs data on Friday from the US, triggering a sell-off on Wall Street and other asset classes, barring gold.
Back home, ITC, Federal Bank, LIC Housing, and Tata Power are some of the stocks that would react to their quarterly results. While there are no Nifty stock reports today, broader market names like Aurobindo Pharma, DLF, and Godfrey Phillips will be coming out with numbers. Also watch for PNB Housing after Friday’s fall, with the stock entering the F&O ban.
Watch this space for all the live updates.