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Share Market Live Updates 8 October: Share market regained its glory, Sensex-Nifty rise, Tata Group shares down.

by Aaryan Srivastav
October 8, 2024
share

10:40 AM Share Market Live Updates 8 October: The movement of the share market has now increased. Sensex has reached the level of 81455 with a jump of 405 points. Nifty has also reached 24923 with a jump of 127 points. Trent is trading up 3.23% in the list of Nifty top gainers. BEL is up 2.94%. Adani Ports is trading up by 2.36% and NTPC by 1.91%. Adani Enterprises is up by 1.73%.

10:05 AM Share Market Live Updates 8 October: Shares of four Tata Group companies included in the Sensex are in decline today. Tata Steel is the top loser, falling 3.26%. There is a decline of 2.46% in Tata Motors. There is a decline of 1.12 percent in TCS and 0.88 percent in Titan.

9:55 AM Share Market Live Updates 8 October: Sensex is trading up 268 points at 81318 on the strength of Adani Ports, UltraTech Cement, Axis Bank, State Bank, L&T, Hindustan Unilever, ICII Bank, Asian Paints. Nifty has also reached 24874 with a rise of 79 points.

9:25 AM Share Market Live Updates 8 October: Sensex has reached the green mark in early trade. Sensex has reached 81136 with a gain of 86 points. Whereas, Nifty is up 5 points at 24801. Among Nifty top losers, Tata Steel fell 4.13% to Rs 157.57. Shares of Tata Motors are also down by 3.20% at Rs 898.20. Hindalco has fallen by 2.82%, JSW Steel by 2.22% and BPCL by 1.55%.

9:15 AM Share Market Live Updates 8 October: The beginning of the share market was strange today. Despite bad global signals, Nifty opened 36 points higher at 24832. Whereas, the 30-share benchmark index of BSE opened with a fall of 223 points at 80826.

Share Market Live Updates 8 October: Due to the decline in the stock markets from America to Japan, Tuesday may prove to be inauspicious for the Indian stock market. Because, Asian markets traded lower, while the US stock market closed overnight amid selling in tech stocks. In such a situation, there are strong chances of Sensex-Nifty opening in the red.

Let us tell you that amid continuous withdrawal of foreign investors, the Indian stock market indices closed with a decline for the sixth consecutive session on Monday. The Sensex closed 638.45 points or 0.78% lower at 81,050.00, while the Nifty 50 closed 218.85 points or 0.87% lower at 24,795.75.

Also read: This is how the fall in the stock market will affect the common people.

Major global signals for Sensex today

Asian markets: Asian markets were mostly trading lower following overnight losses on Wall Street. Japan’s Nikkei 225 lost 0.75%, while the Topix fell 0.88%. South Korea’s Kospi fell 0.61% and Kosdaq fell 0.14%. Chinese markets jumped more than 10% at the open after returning from a long holiday. The CSI 300 index rallied 10.2%, while Hong Kong’s Hang Seng index fell more than 3%.

GIFT Nifty: GIFT Nifty was trading around 24,860 levels, about 130 points lower than the previous close of Nifty futures, indicating an extremely poor start for the Indian stock market.

Wall Street: US stock markets closed in the red on Monday due to decline in tech stocks. The Dow Jones Industrial Average fell 398.51 points, or 0.94%, to 41,954.24, while the S&P lost 55.13 points, or 0.96%, at 5,695.94. The Nasdaq Composite dropped 213.94 points, or 1.18%, to 17,923.90.

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