On Wednesday, the domestic stock market started trading firmly amid global signals. At 9:30 am, the BSE Sensnx was trading at the level of 83,917.45 with a rise of 220.16 points. Similarly, NSE Nifty was also trading at a level of 25,598.30 with a gain of 56.50 points. In the initial session of business, Nifty was in the major benefits of Infosys, Hero MotoCorp, ICICI Bank, TCS, Grassim Industries, while IndusInd Bank, Asian Paints, Trent, India Electronics, Nestle India were in loss. Bank Nifty rose 86 points to 57,550. However, no changes were seen in small and medium -sized shares. Nifty midcap 100, 14 points or 0.02% opened at 59,764.
India-US trade agreement eye
Companies have started reporting their business updates for the June quarter. On the other hand, now everyone’s eyes are on the Indo-US trade agreement, which is almost in the last phase of talks. The US Finance Minister also said that the trade agreement for next week is on the agenda and India is close to signing an agreement with the US before the July 9 deadline. Its effect can also be seen on the market.
Demonstration of companies involved in the Sensex on 2 July.
How is the trend of Asian markets
According to CNBC, Singapore’s stock market reached a record high amidst mixed trading in the Asia-Pacific region on Wednesday. According to LSEG data, Singapore’s stock market rose 0.4% to a record high level of 4,005.39 points on Wednesday morning. Japan’s benchmark Nikkei 225 declined by 1.32% and topics fell by 0.64%. Cospie in South Korea declined by 0.42%, while there was no change in Kosdack.
In addition, Australia’s S&P/ASX 200 recorded a marginal lead of 0.49%. Hong Kong’s Hang Seng index increased by 0.73%, while the mainland CSI 300 did not change. After investors started the second half of the year with a low interest in tech shares, the Asian markets saw a slight change in US share promises in the early hours.
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