Stock Market Live Updates: GIFT Nifty continues to trade in red (File Image)
Stock Market News Today, Sensex Nifty Live Updates: The Indian stock market opened little changed on Monday (May 13) tracking mixed global cues. Sensex opened 187.82, or 0.27 per cent lower at 72,476.00 while Nifty inched 27.20 points, or 0.12 per cent lower at 22,028.00.
Despite stronger global cues, GIFT Nifty continues to trade with a discount of 25 points. The GIFT Nifty is trading 25.50 points, or 0.12 per cent lower at 22,103.50.
In line with frontline indices, broader markets opened in red territory. Nifty Midcap 100 is trading 279.85 points lower at 49, 218.60 while Nifty Smallcap 100 is trading at 135.40 points, or 0.84 per cent lower 15,985.20.
India VIX, or volatility index, remained elevated with an increase of 2.21 points, or 12.02 per cent higher at 20.70.
The India rupee started the week on a flattish note at 83.51 against US dollar on Monday. The Indian currency had closed Friday’s session at 83.51.
Asian markets remain in mixed territory with Japan’s Nikkei trading near flatline at 38,243.59 while South Korea’s Kospi inched 0.34 per cent lower at 38,243.59. Meanwhile, investors are accessing China higher-than-expected April inflation data which stood at 0.3 per cent. Investors are also awaiting Japan’s Q1 GDP results set to announce today.
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