Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Sensex, Nifty start on choppy note on weak global cues

PTI
Updated: January 6th, 2021, 10:15 IST
in Business
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Mumbai: Equity benchmark Sensex turned choppy after opening at a record intra-day high of 48,616.66 in opening trade Wednesday amid weak trend in global equities.

After rising 179 points in early trade, the 30-share BSE index was trading 38.03 points or 0.08 per cent lower at 48,399.75, and the broader NSE Nifty slipped 8.10 points or 0.06 per cent to 14,191.40.

Also Read

Photo Credit: Britannica

Pentagon: India, US to sign 10-year defense framework

5 hours ago
Microsoft AI

Microsoft plans 9,000 more job cuts; fourth layoff this year

19 hours ago

ITC was the top laggard in the Sensex pack, shedding around 1 per cent, followed by Reliance Industries, HUL, HCL Tech, UltraTech Cement and Bajaj Finance.

On the other hand, ONGC, Titan, SBI, ICICI Bank and Bharti Airtel were among the gainers.

In the previous session, Sensex ended 260.98 points or 0.54 per cent higher at 48,437.78, while Nifty rose 66.60 points or 0.47 per cent to settle at a new peak of 14,199.50.

Foreign portfolio investors (FPIs) were net buyers in the capital market as they purchased shares worth Rs 986.30 crore on a net basis Tuesday, according to provisional exchange data.

According to Binod Modi Head-Strategy at Reliance Securities, domestic equities look to be flat at the moment amid mixed cues from Asian markets.

“Announcement of date to begin vaccination drive and India continuing to remain the most resilient in the world in terms of COVID-19 recovery rates should continue to augur well for equities. Additionally, key economic indicators for December 2020 show sustained recovery in the economic activities.

“Considering ongoing economic recovery and persistent weakness in the dollar with soft monetary policies across the world, FPIs flow should continue to remain supportive for Indian equities. 3QFY21 earnings and Union Budget will be crucial for markets in the near term, he said.

US equities ended higher as investors focused on higher fiscal stimulus as Democrats’ control in the Senate (as indicated by polls) will open the door for large fiscal stimulus and expansive fiscal policies irrespective of near-term volatility due to higher taxes, he said.

Elsewhere in Asia, bourses in Shanghai, Tokyo, Seoul and Hong Kong were trading on a negative note in mid-session deals.

Meanwhile, the global oil benchmark, Brent crude, was trading 0.56 per cent higher at USD 53.90 per barrel.

Tags: Foreign portfolio investors (FPIs)NiftySensex
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

slide 2 to 4 of 30
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019

Archives

Select Month

    Editorial

    Hungary Lessons

    Hungary
    July 2, 2025

    Revolting against oppression and seeking freedom is ingrained in human nature, something that a repressive regime finds out sooner or...

    Read more

    New Democratic Face

    Zohran Mamdani
    July 1, 2025

    US President Donald Trump, who had comfortably defeated his Democratic rival Kamala Harris in the recent presidential election and exuded...

    Read more

    Proof To Vote

    Vote
    June 30, 2025

    Months ahead of the Assembly polls in Bihar, the Election Commission of India (ECI) on 28 June launched a ‘special...

    Read more

    Genesis of Jana Sangh

    AAKAR PATEL
    June 29, 2025

    We marked the 50th anniversary of the Emergency a few days ago. Another anniversary, this time the 75th, went relatively...

    Read more
    • Home
    • State
    • Metro
    • National
    • International
    • Business
    • Editorial
    • Opinion
    • Sports
    • About Us
    • Advertise
    • Contact Us
    • Jobs
    Developed By Ratna Technology

    © 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST

      • News in Odia
      • Orissa POST Epaper
      • Video
      • Home
      • Trending
      • Metro
      • State
      • Odisha Special
      • National
      • International
      • Sports
      • Business
      • Editorial
      • Entertainment
      • Horoscope
      • Careers
      • Feature
      • Today’s Pic
      • Opinion
      • Sci-Tech
      • About Us
      • Contact Us
      • Jobs

      © 2024 All rights Reserved by OrissaPOST