Stock Market Live Updates: The Indian markets are in a state of flux as movement has taken a volatile route. The Nifty index is trading with cuts of 160 points, below the 24,600 mark. The Sensex is also trading with a fall of close to 600 points, below the 81,000 mark. HCLTech, Shriram Finance, Infosys, IndusInd Bank and TCS are among the big losers.
Stock Market Live Updates: The Indian markets appear to be in a volatile territory, as the Nifty index has fallen by over 160 points from the lows and is now trading below the 24,600 mark. The Sensex index is also trading with cuts of close to 600 points, trading below the 80,200 mark.
When we look at the larger markets, the Nifty Bank index is trading with cuts of close to over 0.85%, falling below the 54,000 mark.
Meanwhile, when we look at the Nifty Midcap and Nifty Smallcap indices, these indices are trading under pressure, with both indices trading with cuts under 0.40%.
The index has also given up all the gains for the August series. Donald Trump’s additional 25% tariffs on Indian exports to the US have taken effect from Wednesday, taking the overall levy to 50%. Signals from White House officials on the future of the relationship have been mixed.
The shares of Ola Electric, Godfrey Philips, Jaiprakash Power, and Sundarram Fasteners are among the big gainers among the Nifty 500 stocks.
Watch this space for all the live updates.