Share Market Today LIVE | Sensex, Nifty, BSE, NSE, Stock Quotes, Stock Market News Updates May 31

0
45

Share market news today | Sensex, Nifty, LIVE Stock Quotes: Indian stock markets are seeing a tepid open amid weak global indices. Ahead of today’s trading session, Nifty futures traded 39.5 points or 0.24% lower at 16,607.50 on the Singapore Stock Exchange, signaling that benchmarks BSE Sensex and NSE Nifty 50 were heading for a negative start. Overall, while the U.S. stock market was closed on Monday due to Memorial Day, Asian markets were trading mostly lower on Tuesday. Japan’s Nikkei 225 index was down 0.25%, while the broader Topix index was down 0.31%. Hong Kong’s Hang Seng Index also fell slightly. In the previous session, Sensex and Nifty surged nearly 2%, extending their winning streak to a third straight day.

See also  Fed: 'Be careful what you wish for' on interest rates, warns top strategist

The Office for National Statistics (ONS) will release GDP figures for the quarter ending March 31 today. These statistics are announced just a week before the meeting of the RBI’s Monetary Policy Committee (MPC), which is due to start on June 6. The Ministry of Statistics and Program Implementation (MoSPI), which publishes GDP data, had estimated the economy would grow at 8.9% in 2021-22, compared to an observed contraction of 6.6%. in 2020-21. Meanwhile, the RBI forecast GDP growth of 9.5% for 2021-22 and had kept March quarter growth at 6.1%.

See also  Warren Buffett adds massive stake in Occidental Petroleum, buying dip after oil prices crash

Share market today | Sensex, Nifty, BSE, NSE, Stock Quotes, Stock Market News Live Updates May 31, 2022

.

LEAVE A REPLY

Please enter your comment!
Please enter your name here