Stock Market Today Live Updates: Nifty above 22,100 mark, Nifty Bank inches marginally
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Stock Market Live: Indian frontline indices BSE Sensex and NSE Nifty 50 opened little changed on Tuesday (May 14) with Nifty starting above 22,100 and Sensex near 72,700. Sensex opened 79.51 points, or 0.11 per cent lower at 72,696.70 while Nifty inched 8.90 points, or 0.04 per cent higher at 22,112.90.
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At the time of opening bell, GIFT Nifty is trading at 83.50 points, or 0.38 per cent higher at 22,250.00.
Among sectoral indices, auto, financial service, IT, metal, realty, commodities and PSE remained in green territory. On the contrary, pharma, FMCG, and healthcare are trading in red.
Broader markets are showcasing trends along frontline indices with Nifty Midcap 100 inching 90.20 points, or 0.14 per cent higher at 49,807.25 while Nifty Smallcap 100 trading 160.25 points, or 1.02 per cent higher at 16,197.50.
In Asia-Pacific region, Japan’s Nikkei share average drifted in a narrow range as investors braced for more local corporate earnings results and US inflation figures. The market was also cautious over a weakening currency and rising domestic bond yields.
The Nikkei inched 0.05 per cent lower at 38,199.10, with 102 of its 225 components rising versus 123 that fell. The broader Topix eased 0.04 per cent. South Korea’s Kospi slipped 0.11 per cent at 2724.43.
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Read More: Stock Market Today Live Updates: Nifty above 22,100 mark, Nifty Bank inches marginally