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    HomeBusinessShare Market Today LIVE | Sensex, Nifty, BSE, NSE, Share Prices, Stock...

    Share Market Today LIVE | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Updates 13 June

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    Share Market News Today | Sensex, Nifty, Share Prices LIVE: Indian equity markets are likely to open gap-down amid weak global cues, serious inflation concerns. Ahead of today’s session, SGX Nifty was in red with Nifty futures trading 318.5 points, or 1.97%, lower at 15,866.50 on the Singapore Exchange.

    Share Market News Today | Sensex, Nifty, Share Prices LIVE: Indian equity markets are likely to open gap-down amid weak global cues, serious inflation concerns. Ahead of today’s session, SGX Nifty was in red with Nifty futures trading 318.5 points, or 1.97%, lower at 15,866.50 on the Singapore Exchange, signaling that benchmark indices BSE Sensex and NSE Nifty 50 were headed for a negative start. In global markets, Hong Kong’s Hang Seng fell 2.9%, Japan’s Nikkei slumped 2.78%, and South Korea’s Kospi declined 2.78% in early trade. US stocks posted their biggest weekly percentage declines since January and ended sharply lower on Friday as a steeper-than-expected rise in US consumer prices in May fueled fears of more aggressive interest rate hikes by the US Fed.

    Fitch Ratings has revised up its outlook on India to stable from negative while affirming the BBB- rating. “The Outlook revision reflects our view that downside risks to medium-term growth have diminished due to India’s rapid economic recovery and easing financial sector weaknesses, despite near-term headwinds from the global commodity price shock,” Fitch said in a statement. “We expect robust growth relative to peers to support credit metrics in line with the current rating,” the rating agency added. Fitch expects India’s GDP to grow by 7.8% in FY23 compared with its median forecast of 3.4% for countries it rated BBB.

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