Stock Market Update Today: Selling is being seen in the domestic stock market today amid mixed global signals. Both Sensex and Nifty indices have weakened in today’s trading.
Sensex has more than 200 points weakness. Whereas Nifty has come below 15800. There is a selling mood in the market. Weakness is being seen in bank, financial and IT stocks. All three indices on Nifty have weakened by more than half a percent.
Other indices including metal, auto, pharma, realty and FMCG are also seen in the red mark.
At present, there is a fall of 227 points in the Sensex and it is trading at the level of 52934. While the Nifty is down 57 points at the level of 15775.
Selling is being seen in heavyweight stocks. 24 stocks of Sensex 30 have come in the red mark. Today’s top losers include TITAN, ASIANPAINT, BAJAJFINSV, WIPRO, TECHM, HDFC and BAJFINANCE.
S&P Global Ratings has assigned a long term credit rating of ‘BBB-‘ with a stable outlook for ICICI Bank. The rating agency says that the bank will maintain its strong market position and market capitalization in the next 12-18 months.
Moody’s Investors Service has increased the Corporate Family Rating (CFR) of JSW Steel from Ba2 to Ba1. Moody’s has changed the rating outlook on JSW Steel Ltd and Periyama Holdings LLC from ‘positive’ to ‘stable’.
The recently listed Star Health has signed a Corporate Agency Agreement with IDFC FIRST Bank for distribution of its Health Insurance Solutions to the customers of the Bank.
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