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Stock Market LIVE: Sensex, Nifty likely to open higher today

Indian equity market lost three per cent for the second straight week in tandem with global selloff after the US Federal Reserve signalled policy tightening from March.

The benchmark BSE Sensex tumbled 1,836.95 points, or 3.11 per cent, to 57,200 on January 28 against 59037.18 on January 21. Likewise, the 50-share NSE Nifty index retreated 515.20 points, or nearly 3 per cent, to 17,101.95 during the same period.

Here’s a look at the updates of the market action on BSE and NSE today.

10:30 am: AGS Transact Technologies makes flat market debut, stock lists at Rs 176 

Payments solutions provider AGS Transact Technologies made a flat market debut today. Shares of AGS Transact Technologies listed at Rs 176 on BSE compared to the issue price of Rs 175. The company offered its shares in a price band of Rs 166-175. This is the first stock market listing of 2022.

The market cap of the firm stood at Rs 2,118 crore. Total 0.51 lakh shares of the firm changed hands amounting to a turnover of Rs 88.90 crore on BSE.