Monday, April 15, 2024
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HomeNewsSTOCK MARKET LIVE: Sensex, Nifty, SGX Nifty, RBI MPC meet, NDTV, Torrent...

STOCK MARKET LIVE: Sensex, Nifty, SGX Nifty, RBI MPC meet, NDTV, Torrent Pharma


Stock updates: After a flat close the previous day, the and indices are looking to open in the red on Wednesday amid weak global cues.

At 07:30 am, the SGX quoted at 16,880, indicating an opening loss of around 100 points on the index.

Market action today may continue to be volatile as turn weak and monthly F&O expiry draws closer. That apart, the RBI’s three-day meet will also kickoff today. 

Among stocks, will be in focus as the Securities and Exchange Board of India (SEBI) has moved the Supreme Court against the media company. Read here

Dr Reddy’s will also be on the radar as it has received US FDA nod for marketing Timolol Maleate, which is used to treat Glaucoma. 

Global Cues

In the US, the S&P 500 and Dow Jones reversed losses and ended lower as comments from officials reaffirmed the central bank’s resolve to fight inflation. Nasdaq, however, managed to end higher.

The yield on the 10-year Treasury rose to 3.963 per cent, hitting fresh 12-year highs.

This morning in Asia, Nikkei and Hang Seng were down up to 1 per cent each, while Kospi and Taiwan declined around 0.5 per cent each.


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