Sensex Trades Marginally Higher, Dow Futures Trade Flat

Share markets in India are presently trading marginally higher.

The BSE Sensex is trading up by 12 points, flat at 52,222 levels.

Meanwhile, the NSE Nifty is trading up by 4 points.

Coal India and ONGC are among the top gainers today. Nestle India and Hindalco are among the top losers today.

The BSE Mid Cap index is trading up by 0.5%.

The BSE Small Cap index is trading up by 0.7%.

On the sectoral front, stocks from the energy sector, are witnessing most of the buying interest.

On the other hand, stocks from the banking sector, are witnessing most of the selling pressure.

US stock futures are trading lower today, indicating a negative opening for Wall Street.

Nasdaq Futures are trading down by 17 points (down 0.1%) while Dow Futures are trading down by 6 points (flat).

The rupee is trading at 72.99 against the US$.

Gold prices are trading down by 0.1% at Rs 48,646 per 10 grams.

Gold prices extended their decline in Indian markets today after a sharp fall in the previous session. On MCX, gold futures were down 0.1% to Rs 48,619 per 10 grams. In the previous session, gold prices in India had slumped 2% or Rs 950 per 10 grams, tracking an overnight dip in global rates.

In global markets, gold prices fell to over a two-week low, hurt by stronger dollar and bond yields. Spot gold slid 0.4% to US$ 1,862.7 per ounce after tumbling 2% in the previous session.

Moving on to stock-specific news...

Among the buzzing stocks, today is Britannia.

Britannia Industries on 3 June said that its board has approved a proposal to raise Rs 7 bn by issuing bonus debentures to eligible equity shareholders.

"The bonus debenture committee of the board of directors of the company has approved the allotment of unsecured, non-convertible, redeemable, fully paid up debentures having a face value of Rs 29 each to the members holding equity shares as on 27 May 2021," Britannia said in a regulatory filing.

1 2 3
View single page >> |

Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.