Stock Market Live Updates: Sensex, Nifty reverse early gains; focus turns to corporate earnings
Sensex, Nifty, Share Prices LIVE: India’s equity benchmarks BSE Sensex rose by 81.20 points to 72,107.34, while the Nifty gained 20.65 points in the early trade. However, both the indices lost the early gains and were trading marginally lower at 9.40 am. Analysts foresee subdued bullish strength due to the market’s pre-included positives. Investors pivot toward large-caps amidst elevated valuations in mid-and small-cap stocks. VK Vijayakumar notes December’s market rise paralleling Rs 66,134 crore FPI inflows, projecting 2024 to witness more FPI investments, especially in debt. Economic experts anticipate 7.3% GDP growth in FY2024. Despite a neutral sentiment, individual stock enthusiasm rises as the market nears the results season, shaping trading sessions within specific Nifty and bank Nifty ranges. Read More | Source: The Hindu Business Line