stock market live:The Frontline Index continues to trend slightly higher after starting flat on Tuesday (May 14th).
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india frontier index BSE Sensex and NSE Nifty 50 opened little changed today with Nifty opening above 22,100 and Sensex around 72,700. Sensex opened at 79.51 points or 0.11 points percent 72,696.70, the Nifty decreased by 8.90 points (0.04 points). percent The high price is 22,112.90.
At the opening bell, GIFT Nifty was trading 83.50 points or 0.38% higher at 22,250.00.
Among sectoral indices, automobiles, financial services, IT, metals, real estate, commodities and PSE remained in the green region. Conversely, pharmaceuticals, FMCG and healthcare are trading in the red.
The India VIX index, which signals expected market volatility, continued to rise after gaining 0.44 points (2.14%) at 21.02. The volatility index has emerged at a time when India is eyeing up his 2024 Sabah elections.
The broader market trended in line with the frontier indexes, with the Nifty Midcap 100 up 90.20 points or 0.14% at 49,807.25 and the Nifty Smallcap 100 up 160.25 points or 1.02% at 16,197.50. It is traded at.
In Asia-Pacific, Japan’s Nikkei stock average remained in a narrow range as investors braced for further local company results and US inflation data. Markets were also wary of currency depreciation and rising domestic bond yields.
The Nikkei Stock Average fell 0.05% to 38,199.10, with 102 of the 225 constituent stocks rising and 123 falling. The broader TOPIX fell 0.04%. South Korea’s Kospi fell 0.11% to 2,724.43.
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