Share Market Today LIVE | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Updates November 27
Broader markets were outperforming the benchmark indices.
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices opened with gain on Friday morning. S&P BSE Sensex began trading at 44,325 points while the 50-stock Nifty was above 13,000. Among the top Sensex gainers were NTPC, Mahindra & Mahindra, Maruti Suzuki India, and Asian Paints. In the red were Power Grid, TCS, and Reliance Industries. Broader markets were outperforming benchmark indices. India VIX or the volatility gauge was down 7%, sitting below 18 levels. Asian peers were largely trading with positive bias, KOSDAQ was up 1.06%, TOPIX gained 0.60% during the early hours of trade. SGX Nifty was trading flat.
India’s economic report card for the July-September quarter will be unveiled later today. The Gross Domestic Product (GDP) of India, after having tanked 23.9% in the fiscal first quarter is expected to have bounced back sequentially, helped by the easing of restrictions and revival in other macro indicators. The RBI expects the GDP to have contracted 8.6% during the previous quarter while Morgan Stanley has projected a 6% fall. Rating agencies ICRA and Care Ratings expect a 9.5% and 9.9% contraction, respectively.
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