Sensex Trades Over 700 Points Lower, Dow Futures Up By 91 Points

Share markets in India are presently trading on a negative note.

The BSE Sensex is trading down by 779 points, down 1.6% at 48,401 levels.

Meanwhile, the NSE Nifty is trading down by 240 points.

L&T is among the top gainers today. Bharti Airtel and Indian Oil Corporation are among the top losers today.

The BSE Mid Cap index is trading down by 2.7%.

The BSE Small Cap index is trading down by 2.5%.

On the sectoral front, all sectors are trading in red with stocks from the telecom sector, witnessing most of the selling pressure.

US stock futures are trading higher today, indicating a positive opening for Wall Street.

Nasdaq Futures are trading up 23 points (up 0.2%) while Dow Futures are trading up 91 points (up 0.3%)

The rupee is trading at 72.60 against the US$.

Gold prices are trading down by 0.1% at Rs 44,805 per 10 grams.

In global markets, gold prices were flat today amid mixed cues. Easing US treasury yields provided support to the precious metal at lower levels while a strong dollar capped the rise. Spot gold was steady at US$ 1,734.8 per ounce.

Gold prices in India struggled today amid mixed global cues. Surging coronavirus cases and a dip in US bond yields supported the safe-haven appeal of gold while a stronger US dollar weighed on the precious metal. On MCX, gold futures for April delivery were flat at Rs 44,897 per 10 grams. In the previous session, gold had edged up 0.5%.

Moving on to stock-specific news...

Among the buzzing stocks, today is Vakrangree.

Vakrangee (VL) has entered into a partnership agreement with TransUnion CIBIL (TUCIBIL) to drive financial inclusion by providing easy access to the CIBIL score and report to consumers through the Nextgen Vakrangee Kendra network.

A CIBIL score is essentially an assessment of an individual's or company creditworthiness and financial health which is used as an indicator for providing loans and credit services. A good credit score can be used by them to bargain for a better interest rate.

1 2 3 4
View single page >> |

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

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

Comments

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