Updates on the Stock Market: Sensex and Nifty Stay Flat; Adani Stocks Rise By 13%

Tuesday’s transactions on benchmark indexes were lackluster, despite several sectors seeing strong increases. Particularly because of the Adani Group shares, Oil & Gas and Power saw significant rises.

With 20 points less, the S&P BSE Sensex quoted at around 65,950, while the Nifty50 remained below 19,850.

The BSE MidCap and SmallCap indexes rose to 0.18 percent, demonstrating the resilience of the wider markets.

The Nifty Metal index rose 1.5% among other sectors indexes, whereas the Nifty IT index decreased by 0.5%.

Worldwide Cues

After a robust gain the previous week, the bulls took a break, and the US market closed the night slightly down. This week’s highlights will be the inflation statistics and the Fed Chair’s speech.

Locally, the Nikkei and Straits Times had declines of up to 0.3%, while Taiwan and Kospi saw increases of 0.4% apiece.