Last updated: February 02, 2023, 9:22 AM IST
A man looks at a screen across the road showing the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. (File photo/Reuters)
Sensex Today: Markets opened lukewarm on Thursday morning.
Sensex Today: Markets opened lukewarm on Thursday morning. The weekly expiry of M&O and the reaction to the fine print of the 2023-24 Union budget may further increase volatility.
The S&P BSE Sensex was at 59,245, down 463 points or 0.7 percent, while the Nifty50 was at 17,450, down 163 points.
Adani Ports, Adani Enterprises, HDFC Life, SBI, UPL and ICICI Bank fell as much as 9.5 percent on the exchanges in early deals, limiting gains on the frontline indices. SBI Life, Infosys, ITC, Tech M and HCL Tech, meanwhile, made progress with gains of up to 1.5 percent.
In broader markets, BSE MidCap and SmallCap indices fell to 0.7 percent
Global signals
Meanwhile, other Asian indices globally were mixed this morning after US Fed Chairman Jerome Powell said last night that the Federal Reserve is seeing signs of deflation.
The Hang Seng index in Hong Kong rose 0.69 percent, while in mainland China the Shanghai Composite fell 0.10 percent. South Korea’s Kospi was up 1 percent, while Japan’s Nikkei 225 traded just above the flatline.
On Wall Street, Nasdaq Composite rose 2 percent, S&P 500 1 percent and Dow Jones 0.02 percent.
Read all the latest business news and live budget updates here