12:20 PM Share Market Live Updates 8 August:After the announcement of RBI’s monetary policy, there is a slight increase in the stock market. Sensex has reached 79549 with an increase of 81 points. Nifty is also at 24328 with an increase of 30 points. There has been no change in the repo rate. Now Bank Nifty, Auto and Financial Index have come in the green mark.
11:05 AM Share Market Live Updates 8 August:After the announcement of RBI’s monetary policy, the decline in the stock market has increased. Sensex has fallen by 429 points to 79038. Nifty has also fallen by 132 points to 24164. Nifty Bank, Auto, Financial Services, Realty, PSU Bank and Private Bank indices are under pressure due to no change in the repo rate.
9:20 AM Share Market Live Updates 8 August: The decline in the stock market is increasing. Sensex has fallen by 320 points to 79,147. Nifty is also at the level of 24230 with a loss of 66 points. Nifty top gainers include stocks like Cipla, ITC, Dr. Reddy, Tata Motors and Eicher Motors. None of them has a gain of one percent. Top losers are Shriram Finance, ONGC, JSW Steel, Infosys and Wipro.
9:15 AM Share Market Live Updates 8 August: Due to weak global signals, the domestic stock market also started weak today. The BSE Sensex opened at 79420 level with a loss of 47 points. On the other hand, NSE’s benchmark index Nifty opened at 24248 level, falling 48 points.
8:00 AM Share Market Live Updates 8 August: The major index of the domestic stock market, Sensex-Nifty, is expected to open with a decline on Thursday due to weakness in the global market and before the announcement of the monetary policy of the Reserve Bank of India (RBI). As the gift Nifty was trading around the level of 24,175 this morning, there is a discount of about 200 points from the previous close of Nifty futures. This is not a good sign for the Indian stock market. Not only this, good signals are also not coming from the Asian markets. There was trading with a decline here, while the US stock market closed with big losses on Wednesday.
Key indicators for Sensex today
Asian Markets: Asian markets fell on Thursday, following overnight losses on Wall Street. Japan’s Nikkei 225 fell 1.7 per cent, while the Topix was down more than 1 per cent. South Korea’s Kospi dropped 1.2 per cent and the Kosdaq fell 1 per cent. Hong Kong’s Hang Seng index futures also indicated a lower start.
Wall Street is in a bad state: Selling dominated the US stock market on Wednesday. The Dow Jones Industrial Average fell 234.21 points or 0.6 percent to close at 38,763.45. While, the S&P 500 fell 40.53 points or 0.77 percent to 5,199.5. The Nasdaq Composite fell 171.05 points or 1.05 percent to close at 16,195.81.
Nvidia shares fell 5.08 percent as shares of Advanced Micro Devices fell 1.16 percent. Walt Disney’s stock price fell 4.5 percent, Super Micro Computer stock fell 20.1 percent and Dell Technologies shares fell 4.9 percent.
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RBI Monetary Policy
The RBI is expected to keep the repo rate steady at 6.5 percent. However, all eyes will be on RBI Governor Shaktikanta Das’ outlook on India’s inflation and GDP growth. The decline in the domestic stock market was halted on Wednesday. The Sensex closed at 79,468.01, up 874.94 points or 1.11 percent, while the Nifty 50 closed at 24,297.50, up 304.95 points or 1.27 percent.
