Monday, November 28, 2022
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STOCK MARKET LIVE: Sensex, Nifty, SGX Nifty, RBI MPC meeting, NDTV, Torrent Pharma

Stock Market Live Updates: After a flat close the previous day, the Sensex and Nifty indices look to open in the red on Wednesday amid weak global signals.

At 07:30 am, the SGX Nifty was trading at 16,880, indicating an initial loss of around 100 points in the Nifty index.

Market action today may continue to be volatile as FII flows turn weak and monthly F&O expiration approaches. Apart from that, the RBI’s three-day monetary policy committee meeting will also start today.

between actions, NDTV will be in the spotlight as the Securities and Exchange Board of India (SEBI) has moved to the Supreme Court against the media company. read here

Dr. Reddy’s will also be on the radar, having received the go-ahead from the US FDA to market timolol maleate, which is used to treat glaucoma.

global signals

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

The 10-year Treasury yield rose to 3.963 percent, hitting a new 12-year high.

In Asia this morning, Nikkei and Hang Seng were down as much as 1 percent each, while Kospi and Taiwan were down about 0.5 percent each.


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