Nifty, Sensex start the day in green

Nifty 50 and Sensex have started the day in green today, 10^th December. At 9:40 a.m. today, Nifty 50 is up by 69.40 points or 0.27%. Sensex is up by 267.26 points or 0.32%.

All the broad market and sectoral indices in green at this time

All the broad market indices are in green at this time. Volatility is also down. Nifty VIX index is down by 1.18% at this time. All the sectoral indices are also in green. Nifty Realty index is the top gainer among sectoral indices at this time. It is up by 0.94%. Nifty Metal index is up by 0.88%.

Top gainers & losers

Top 3 gainers at Nifty 50 at this time are Hindalco, Adani Ports and Kotak Bank. Top 3 losers are Indigo , Titan and SBI Life. Indigo shares are down by 0.73% at this time. This, after the government ordered the company to cut down its number of daily flights by 10%. Indigo currently operates around 2,300 flights daily. It operated around 1,900 flights yesterday as it took steps towards restoring operational normalcy. Titan shares are seeing some profit booking today.

Market breadth is very positive

Market breadth is very positive at this time. 2110 stocks are gaining at NSE. 559 stocks are declining. That is an advance-to-decline ratio of 3.77:1. 16 stocks have touched 52-week high at NSE, by this time. 24 stocks have touched 52-week low.

US Federal Reserve likely to announce interest rate cut today

US Federal Reserve is expected to announce a 25 basis point rate cut later in the day today. That is also affecting the course of market movement today. A team of US Trade representatives will be visiting Delhi today for further discussions on Indo – US trade deal.

 Disclaimer: This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE