Market Live: Sensex, Nifty trade flat, insurance stocks fall | Indian Share Market

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Market Live: Sensex, Nifty trade flat, insurance stocks fall

BSE Sensex trades little changed at 33,566, while the Nifty 50 trades below 10,350. Here are the latest updates from the markets

The BSE Sensex and NSE Nifty opened little changed on Monday against the previous session’s closing. The Indian rupee strengthened against the US dollar. US Federal Reserve meeting minutes showed several policy makers were concerned about soft inflation, though many still saw a “near term” rate hike as warranted, Bloomberg reported. The shares of Sun Pharma, Lupin, Bharti Airtel rose, whereas the shares of Dr. Reddy’s and Asian Paints fell. Here are the latest updates from the markets:

9.26 am IST
Sensex, Nifty trade flat
BSE Sensex traded little changed at 33,566.60, up 5.05 points, or 0.02%, while the Nifty 50 edged down 1.30 points, or 0.01%, to 10,341.

9.23 am IST
Insurance stocks trade lower
Recently listed Insurance companies trading lower. HDFC Standard Life Insurance Co. Ltd fell 2%, ICICI Lombard General Insurance Co. Ltd 1%, ICICI Prudential Life Insurance Co. Ltd 3.5% and Max Financial Services Ltd 2.6%.

9.20 am IST
Quess Corp shares fall on Thomas Cook’s stake sale announcement Quess Corp. Ltd fell 6% to Rs858.85 after Thomas Cook said it will sell up to 75
lakh shares (5.4%) in Quess Corp. via an offer for sale, at Rs800 per share, on 23-24 November. Thomas Cook India Ltd shares rose 4%.

9.17 am IST
Videocon shares fall 3%
Videocon Industries Ltd fell 3% to Rs12.25. On Wednesday, IFCI sold 22.50 lakh shares or 0.8% equity stake at Rs12.82 each in the company.

9.15 am IST
Rupee trades marginally higher against US dollar
The Indian rupee on Thursday strengthened marginally against the US dollar, tracking gains in the local equity and Asian currencies markets. The rupee opened at 64.85 a dollar. At 9.15am, the home currency was trading at 64.81 a dollar, up 0.13% from its Wednesday’s close of 64.93.

source: livemint.com

 

 

 

 

Categories:   BSE and NSE, BSE Sensex, BSE Sensex flat, Indian sharemarket news, Indian Stock exchange, Indian Stock Market, Indian Stock Pick, Stock Market

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