Markets News

Indian benchmark indices indicated a negative opening with 88-point loss

The Indian stock market after making a record high could not hold its position with the close of the day yesterday. This rally continued even today with the Sensex declining with 49.96 points.

The BSE Sensex fell down by 49.96 points to open at 15,313.50 levels.

As of now, the Nifty is hovering around its key support point at 15,226.53 levels which is followed by 15,139.57 points.

The prevailing trends on SGX Nifty were reflecting a very negative opening for the Indian markets at 7:30 IST. Indian benchmark indices indicated a negative opening with 88-point loss.

Indian Nifty futures traded at 15,239 on Singaporean Exchange in the early morning session today.

However, this level can move up to 15,416 and 15,518.77 levels if the index moves up any soon.

Meanwhile, the Asian markets have indicated a mixed open on February 17 on the back of additional stimulus. The growing pandemic concerns are juggling with the prospects for global economic revival.

However, the Australian benchmark S&P/ASX indices were high by 0.06 percent in the early trading session. On the other hand, Japanese Nikkei 225 futures also added by 0.12 percent.

More on the Asian markets, Hong Kong’s Hang Seng indices were down by 0.37% today.

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