MARKET UPDATE: Volatile markets;Sensex was trading at 54,452 levels, up 174 points and Nifty was quoting at 16,285 levels, up 47 points
Published On: Monday, August 9, 2021 | By: Team KnowMyStock
Indian equity markets were volatile today(9th August 2021) amid mixed global trends. The frontline S&P BSE Sensex was trading at 54,452 levels, up 174 points or 0.32 percent, in early deals while the Nifty50 was quoting at 16,285 levels, up 47 points. Tech M, HCL Tech, UltraTech Cement, Infosys, SBI, and IndusInd Bank were the top gainers. In the broader markets, the BSE MidCap index slipped 0.12 percent while the BSE SmallCap index added 0.3 percent. In the commodities market, gold slumped to the lowest since March as the prospect of higher rates makes bullion less attractive relative to other assets. Silver dropped to its lowest since November and crude oil extended last week's decline on concern the delta virus strain will hamper demand growth.
More than 100 companies incluing Shree Cement, AstraZeneca Pharma India, Balrampur Chini Mills, Chemcon Speciality Chemicals, Clean Science and Technology, Gati, Indian Hotels, Laxmi Organic Industries, MRF, and Venky's (India) slated to post their qurterly earnings today.
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