Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Indian Markets open in green
Wed, 29 Jul 09:30 am

The major Asian stock markets have opened the session on a mixed note with markets in Hong Kong (up 0.12%) and China (down 0.21%). US and European stock markets closed their session in green yesterday. The rupee is trading at 63.86 per US dollar.

Indian stock markets have too opened on an encouraging note, owing to positive trend across global markets. Investors are awaiting the policy decision from the US Federal Reserve. BSE Sensex is trading up by 75 points (up 0.27%) and NSE-Nifty is trading up by 22 points (up 0.0.26%). Both mid cap and small cap have opened on a strong. BSE Mid Cap is trading up by 0.63% while BSE Small Cap index is trading up by 0.46%. Sectoral indices are trading mixed with stocks in Automobile sector witnessing buying interest.

Stocks in the automobile space have opened on a positive note. Maruti Suzuki reported its quarterly result yesterday. Net sales grew 18.1% to 130bn from a year earlier period. Net profit rose 56.5% on higher sales and lower input cost. Net Profit rose to 11.93bn for the quarter ended 30th June from 7.62bn in the year earlier. The performance was boosted by higher demand for cars, cost reduction measures and a weaker yen that made imports of car parts cheaper. Stock of Maruti Suzuki have opened in green with marginal gains

Banking stocks have opened the day on a mixed note. As per an article in Business Standard Punjab National Bank (PNB), the country's fourth-largest public sector bank (PSB) by assets, has an exposure of $4 bn portfolio of steel loans which are stressed. In line with RBI'S proposal, the bank is considering to take charge of some companies over the next two years, changing their management and then selling stakes in it. It plans to sell non-performing assets (NPA) worth Rs 26-30bn to asset restructuring companies (ARC) in the current financial year. Reportedly, the bank has mentioned there are around 400 'willful' defaulters

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "Indian Markets open in green". Click here!


Views on News

Bond Yields Are Surging. What Should Be Your Debt Funds Strategy (Outside View)

Mar 2, 2021

Bond Yields are surging. PersonalFN explains the outlook for Debt Markets and what should be your debt funds strategy in a rising interest rate scenario.

Such China Challenger Stocks are STILL Ignored and Undervalued (Profit Hunter)

Mar 2, 2021

Don't mistake defence stocks to be the only China challengers.

Beware the Ides of March (Fast Profits Daily)

Mar 1, 2021

The month of March is usually difficult for traders. This time it will be even more so. Find out why in this video.

UTI Nifty200 Momentum 30 Index Fund: Aims to Benefit from Momentum Investing Strategy (Outside View)

Mar 1, 2021

PersonalFN analyses the features of UTI Nifty200 Momentum 30 Index Fund and explains the potential this fund has to offer to its investors.

How to Have a Perfectly Normal Day Even if Sensex Falls 2,000 Points (Profit Hunter)

Mar 1, 2021

How can someone witness a 2,000 point decline on the Sensex and still stay perfectly calm.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps (Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market (Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

I Believe the Investment of the Year Will Be...

Feb 19, 2021

In this episode, ace trader Brijesh Bhatia talks to us about the best investments of 2021, his profitable trading system, and much more.

The Hidden Tesla in My Great Indian Wealth Project (Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms


Mar 2, 2021 01:22 PM