Shares more likely to open flat amid US presidential election outcomes

Shares more likely to open flat amid US presidential election outcomes

Indian inventory markets are anticipated to open flat on Wednesday amid the outcomes of the US presidential elections, as buyers are more likely to train warning.

GIFT Nifty futures had been buying and selling at 24,268 at 07:48 AM IST, indicating that the benchmark Nifty 50 will open near Tuesday’s shut of 24,213.3.

Different Asian markets traded decrease, with the MSCI Asia ex-Japan index falling 0.4 %, as early outcomes from the US presidential election confirmed the race remains to be very shut.

It’s noteworthy that amidst uncertainty relating to the outcomes of the US elections, the Indian inventory markets closed with beneficial properties on Tuesday. On the finish of buying and selling, shopping for was seen in all sectors besides FMCG and media. The market was open in a restricted vary in Tuesday morning buying and selling, and after 1.30 within the afternoon, an increase was recorded available in the market.

On Tuesday, the Bombay Inventory Change (BSE) delicate index Sensex closed with an increase of 694.39 factors or 0.88 %, whereas the Nationwide Inventory Change (NSE) Nifty closed at 24,213.30 after rising by 217.95 factors or 0.91 %. Nifty Financial institution stood at 52,207.25 after rising 992 factors or 1.94 %. The Nifty Midcap 100 index closed at 56,115.45 after rising 330.90 factors or 0.59 %.


Thanks for taking the time to learn this text! I hope you discovered the knowledge insightful and useful. If you happen to loved such a content material, please think about subscribing to our e-newsletter or becoming a member of our neighborhood. We’d like to have you ever! Be at liberty to share this text together with your family and friends, who may additionally discover it attention-grabbing.

WhatsApp Group Join Now
Telegram Group Join Now
Instagram Group Join Now

Leave a Comment