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Indian equity benchmark indices traded largely flat with a mild positive bias on Wednesday tracking supportive global cues

Stock Market Live Updates: Indian Share Market News, Nifty 50 And Sensex Today

Stock Market Live Updates: Indian Share Market News, Nifty 50 And Sensex Today

Sensex Today: Indian equity benchmark indices continued to trade in a narrow range on Wednesday, supported by positive global cues, though volumes were expected to remain light ahead of the Christmas holiday. Information technology (IT) stocks stayed in focus after a US federal judge upheld the H-1B visa application fee.

At 9:20 AM, the NSE Nifty was trading at 26,194.75, up 19.05 points or 0.07 per cent, while the BSE Sensex stood at 85,593.69, higher by 68.85 points or 0.08 per cent.

On the BSE, NTPC, Bajaj Finance, Adani Ports, Trent, BEL, Kotak Mahindra Bank and Axis Bank emerged as the top gainers, rising up to 0.74 per cent. In contrast, IT stocks such as Infosys, Tech Mahindra and HCL Technologies were among the top losers, declining by as much as 0.8 per cent.

Broader markets also edged higher, with the Nifty Midcap 100 gaining 0.24 per cent and the Nifty Smallcap 100 rising 0.38 per cent.

Sectorally, Nifty Realty and Nifty Media led the gains, advancing 0.91 per cent and 0.55 per cent, respectively. However, overall upside was limited by weakness in the Nifty IT index, which slipped 0.5 per cent.

Global Cues

Asia-Pacific markets were trading mixed on Wednesday, with several indexes set to close early in the lieu of the Christmas Eve holiday. Last checked, Japan’s Nikkei 225 index was up 0.36 per cent, and South Korea’s KOSPI index was up 0.42 per cent. Australia’s S&P ASX 200 was down 0.58 per cent.

US equity markets settled higher for the fourth consecutive session on Tuesday, with the S&P 500 setting a fresh closing record, after delayed third-quarter GDP number came in better-than-expected. The US economy grew at a 4.3 per cent annual rate during the third quarter. Overnight, the S&P 500 index rose 0.46 per cent, the Nasdaq Composite rose 0.57 per cent, and the Dow Jones Industrial Average 0.16 per cent.

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