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Stock Market Updates: Sensex, Nifty Flat In Pre-Open; Silver Down 15%; IT Stocks In Focus | Markets News

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Indian benchmarks are set for a muted open on Thursday, a day after the indices notched a third straight session of gains

Sensex

Sensex

Sensex Today: Indian benchmarks are set for a muted open on Thursday, a day after the indices notched a third straight session of gains amid volatility in the technology pack.

The early indicator of Nifty 50’s performance, GIFT Nifty, was down 0.17 per cent, or 46 points, as of 8:45 AM. Action on Dalal Street will be stock-specific with earnings in full swing. Bharti Airtel, Tata Motors PV, Hero MotoCorp and Life Insurance Corp. are among the companies reporting Q3 earnings today.

Global Cues

Stock markets in Asia continued their fall as the rout in technology stocks deepened amid investor concerns. South Korea’s Kospi was down 2 per cent, while Hong Kong’s Hang Seng was lower by 1.7 per cent, last checked.

Overnight, Wall Street indices closed in the red, with the Nasdaq 100 posting its worst two-day rout since October and breaching its 100-day moving average, according to Bloomberg. The S&P 500 and the Nasdaq index ended lower by 0.51 per cent and 1.51 per cent, respectively.

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