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Live stock market updates for May 14, 2024 Shriram Finance gains more than 2% while Sensex and Nifty trade flat with a positive bias.

Live stock market updates for May 14, 2024  Shriram Finance gains more than 2% while Sensex and Nifty trade flat with a positive bias.

By - 14 May 2024 01:11 PM

Nifty, Sensex, and Stock Prices LIVE: The BSE Sensex was up 104.84 points, or 0.14%, at 72,880.98 at 10.40 a.m., while the Nifty 50 was up 39.35 points, or 0.18%, at 22,143.40. All sectoral indices saw positive trading, with the exception of Nifty Healthcare, FMCG, and Pharma. Nifty Bank increased by 0.05% and Nifty Metal gained 1.16%. India's VIX went up to 21.12%. In May, DIIs made purchases while FIIs kept selling equities. With strong market volatility indicated by the India VIX, analysts advise investors to hold off until a trend change is anticipated, which is anticipated before June 4th, the counting day. Kotak Securities' Shrikant Chouhan offered trading methods based on index levels. Major laggards on the NSE were Cipla, Divi's Laboratories, and Bajaj Auto, while top gainers were Shriram Finance, Power Grid, and Hindalco. PrincipalStock Market Today | Share Market Live Updates - Get all the latest information on the Indian stock markets, share prices, Sensex, Nifty, BSE, and NSE for May 14, 2023, right here.Sensex Today Live Updates: After an overnight surge in Chinese equities listed in the US, Hong Kong markets seemed set to rise. Before this week's important US inflation data, other Asian markets moved in a rangebound manner.Hong Kong equity futures increased as the Golden Dragon Index reached its highest point since September on Monday.

Tencent Music Entertainment saw an 11% increase as the online platform released first-quarter results that exceeded forecasts. Australian shares fell as benchmarks in South Korea and Japan increased.According to Chris Weston, head of research at Pepperstone Group, "Hong Kong markets should open higher, with all eyes on earnings from Tencent and Alibaba – both will need to deliver earnings above consensus results and inspiring guidance, as expectations are high, and the market is long and strong." Just a few days ahead of the primary consumer price index, which is expected to indicate stabilization but still remaining too high to justify rate cuts, US stocks, bonds, and the currency experienced slight movements. US futures traded steadily in the early hours of Asia. Economists will analyze US producer price data later on Tuesday to evaluate the significance of the many categories that go into the Federal Reserve's favored inflation indicator. Additionally, Fed Chair Jerome Powell has set

 

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