- India’s benchmark indices
Sensex andNifty50 shed the morning jitters on Thursday to trade in the green amidst an increase in volatility. Coal India , Bharti Airtel and Maruti Suzuki are amongst the top losers in morning trade.- Both the benchmark indices are up 0.1%, with Sensex hovering at 62,692 points and Nifty50 at 18,554 points.
Both the benchmark indices are up 0.1%, with Sensex hovering at 62,692 points and Nifty50 at 18,554 points.
Top gainers and losers on Nifty50
Source: NSE, as on June 1, 2023
Earlier on Wednesday, markets closed the day 0.4% in the red due to weak global cues.
Gold prices edged up to ₹61,200 per 10 grams while silver was hovering at ₹72,100 per kilogram. Crude oil prices remained stable, with Brent crude hovering at $73 per barrel.
Global markets were mixed ahead of a vote on the US debt ceiling proposal. Dow Jones fell 0.41% while S&P 500 declined 0.61%. The tech-heavy Nasdaq fell 0.63% even as NVIDIA shares continued to rise.
Asian markets remained mixed on Thursday, with KOSPI falling 0.26% while Taiwan Weighted was down 0.4%. Hang Seng rose 0.93%, while Nikkei 225 was trading 0.29% higher. Shanghai Composite was also up 0.5%.
Coal India: The government will offload a 1.5% stake in the coal mining giant on June 1 and 2, with an option to sell another 1.5% stake. The floor price has been set at ₹225 per share, which is at a discount of nearly 7% to Wednesday’s closing price of ₹241.
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