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Share Market Live: Share market rises after RBI’s monetary policy, Sensex crosses 82200

by Aaryan Srivastav
October 9, 2024
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10:54 AM Share Market Live Updates 9 October: After the announcement of RBI’s monetary policy, the stock market has become brighter. Sensex has reached 82263 with a jump of 629 points. Whereas, Nifty has reached 25210 with a gain of 197 points. Shriram Finance is up by about 4% in the list of Nifty top gainers. There is an increase of 2.75 percent in Trent. State Bank is up 2.72%. Bajaj Finance is up by 2.67 percent and Tata Motors is up by 2.54 percent.

10:13 AM Share Market Live Updates 9 October: With the announcement of RBI’s monetary policy, the stock market has increased rapidly. Sensex has reached 82116 with a jump of 481 points. Whereas, Nifty has reached 25164 with a gain of 151 points.

9:32 AM Share Market Live Updates 9 October: Before the announcement of RBI’s monetary policy, Tech Mahindra shares are up by 2.24%. There is a rise of 2% in Tata Motors. Bajaj Finance, State Bank, Maruti, HCL Tech, Bajaj Finserv are also up by more than one percent.

9:15 AM Share Market Live Updates 9 October: The share market has started with gains today. Before the announcement of RBI’s monetary policy, the Sensex opened 319 points higher at the level of 8154. Whereas, Nifty managed to open at 25065 with a gain of 52 points.

Share Market Live Updates 9 October: Before the announcement of the monetary policy of the Reserve Bank of India, the domestic stock market is likely to open with gains on Wednesday with benchmark indices Sensex and Nifty 50. Because, Asian markets traded with gains, while the American stock market remained bullish overnight due to the rise in shares of technology companies.

Investors’ eyes on RBI’s monetary policy today

Investors will keep an eye on RBI’s monetary policy announcement today. The monetary policy committee led by RBI Governor Shaktikanta Das is expected to keep the repo rate unchanged but may make changes in the policy stance.

The Indian stock market witnessed a strong surge on Tuesday and closed with strong gains after six consecutive sessions of selling. The Sensex closed 584.81 points or 0.72 per cent higher at 81,634.81, while the Nifty 50 closed 217.40 points or 0.88 per cent higher at 25,013.15.

Also read: Airtel preparing to buy loss making company of Tata

Global signals for domestic market today

Asian Market: Wall Street traded with gains after the rise in Asian markets. Japan’s Nikkei 225 rose 1 percent, while Topix rose 0.5 percent. Hong Kong’s Hang Seng index futures indicated a higher start. South Korean markets are closed for public holidays.

GIFT Nifty Today: GIFT Nifty was trading around 25,160 levels, a premium of about 28 points from the previous close of Nifty futures, indicating a mild positive start for the Indian stock market.

Also read: Huge fall in the price of crude oil, there is a connection with Israel-Iran tension.

Wall Street: US stock market indices closed higher on Tuesday led by buying in tech stocks. The Dow Jones Industrial Average rose 126.13 points, or 0.30 percent, to 42,080.37, while the S&P 500 rose 55.19 points, or 0.97 percent, to 5,751.13. At the same time, Nasdaq Composite increased by 259.01 points or 1.45 percent and closed at 18,182.92.

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