Markets may fall today

6 Jul 2023 , 09:11 AM

Indian stock markets may see a negative day today after four-consecutive winning sessions. Yesterday markets closed on a flat note.

Globally, US markets ended with declines. Dow Jones closed 130 points lower. Nasdaq finished with a decline of 25 points. S&P 500 closed 9 points lower.

Asian stocks are trading lower in today’s session. Chinese Shanghai Composite fell 0.32%. Hong Kong’s Heng Seng was trading 2.33% lower. Japan’s Nikkei 225 was 1.22% lower. Taiwan index was trading with a downside of 1.15%. South Korean Kospi was down by 0.28%.

Nifty Bank closed 0.33% lower. Nifty Midcap 50 ended 0.74% higher.

Yesterday, gainers were led by Bajaj Auto, Divis Lab, HDFC Life, Maruti, and Hero MotoCorp. Top losers were HDFC Bank, HDFC, Eicher Motors, UPL, and Tata Consumer.

In early morning trade on Thursday, Oil prices moved slightly. Indian Rupee fell 24 paise versus the greenback to close at 82.25/$.