Stock Market LIVE Updates: Nifty 50, Sensex set to open in red; IREDA, NCC in focus
The share market is likely to open weak today, with both the Nifty 50 and Sensex signalling a dip in the early trade.
Stock Market LIVE Updates: Nifty 50, Sensex set to open in red; IREDA, NCC in focus
The share market is likely to open weak today, with both the Nifty 50 and Sensex signalling a dip in the early trade. Global cues continue to be weak, with Wall Street ending on a negative note overnight, which is also weighing on the Indian stock market. Key stocks, including Piramal Enterprises, Thomas Cook, Kirloskar Industries, Kalpataru Projects, ITD Cementation, IREDA, and NCC, in focus for the Sensex share market and Nifty live updates signal a cautious start.
NCC Ltd secured an order worth ₹349.7 crore in December 2024. The order, which is included in the company's building division, will be delivered within 32 months. In stock market live discussions, this update has also come to attention. On the other hand, IREDA posted excellent numbers for its Q3. The state-owned green financing company approved a loan in the last quarter of ₹31,087 crore, up 129% over the same quarter last year. Its book has grown to nearly ₹70,000 crore, which makes it relevant to share market today news.
Global sentiment continues to be rather fragile in broader markets, while the absence of certain cues from Asia, along with stalled New Year seasonality, continues to weigh down overall momentum. Investors are waiting for signals from some of the important sectors and corporates to decipher their way through the uncertainties in the market today.
Investors are likely to focus on stocks like NCC, which recently bagged big-ticket projects, and IREDA, which posted strong quarterly numbers. Besides, the BSE/NSE share price movement of companies like Piramal Enterprises, Thomas Cook, and Kirloskar Industries will also be tracked during the day.
The changes in the world stock market still affect the Indian stock market since investor confidence is influenced by a careful attitude toward world indices. While the focus is on the new stock market, analysts are also keeping an eye on block deals and IPO announcements that can update it with new opportunities.
Stock market Sensex and nifty share price movements will also be monitored as trading begins. While a slide is due at the opening bell, market players are looking for a turnaround during the session. We'll be updating this story all day as our staff tracks the moves in the stock market today.