Stock Market LIVE: Nifty, Sensex Open Lower As HDFC Bank, ICICI Bank Shares Weigh; Rupee Near Record Low
The Nifty 50 and Sensex were 0.21% and 0.22% down, respectively as of 9:17 a.m. Catch live updates on Indian stock markets, share price movements, and latest view from analysts here.
Markets At Open: Nifty, Sensex Open Lower
The NSE Nifty 50 and BSE Sensex opened lower on Tuesday as ICICI Bank Ltd. and HDFC Bank Ltd. shares weighed. Market participants will monitor the expiry of the NSE Nifty 50 and NSE Nifty Bank weekly futures.
The Indices were trading 0.14% and 0.24% down, respectively as of 9:21 a.m.
Rupee At Record Opening Low Against US Dollar
Rupee weakened 14 paise to open at 89.70 against US Dollar
It closed at 89.56 a dollar on Monday
Source: Bloomberg
Stock Market News: RBI Imposes Rs 91 Lakh Penalty On HDFC Bank
The Reserve Bank of India imposed a Rs91 lakh penalty on HDFC Bank Ltd. in respect of the financial position of the Bank as on March 31, 2024
Stock Market LIVE: Tata Communication To Buy 51% Stake In Commotion
Tata Communication Ltd.'s arm will buy 51% stake in US-based AI company Commotion. The acquisition is valued at $25 million or Rs 227 crore.
November Auto Sales Review: Momentum Holds Post Festive Season; Tractors And CV Lead Charge
India’s automobile sector delivered a strong performance in November, with both Jefferies and Citi highlighting broad-based wholesale growth across passenger vehicles, two-wheelers, commercial vehicles and tractors. However, tractors and commercial vehicles were the biggest outperformers in November.
