Stock Market Opening: This week is the expiry week for the Indian stock market and today is the first trading session of this week. In this, the business has started with a decline. Both Nifty and Sensex have opened with a fall of around 0.45 percent. There is weakness in largecap stocks along with decline in banking and metal stocks and it has dragged the market down.
how open market
Today the market has started slow in the first trading session of the week. The BSE 30-share index Sensex opened at 59,361 with a fall of 285.07 points, or 0.48 per cent. On the other hand, the 50-share index of NSE has opened at 17,682 with a fall of 75.55 points or 0.43 percent.
Sensex and Nifty picture
In today’s session, only 4 out of 30 Sensex stocks are trading with momentum and the red mark of decline in the remaining 26 stocks is dominating. Out of 50 Nifty stocks, only 6 stocks are seeing a rise, the remaining 44 stocks are trading with a decline. There is a tremendous decline in Bank Nifty and it is trading at the level of 38467 with a fall of 1.33 percent by breaking 518 points.
What is the condition of sectoral index today?
Except FMCG, all other sectoral indices are showing a decline. If we look at the range of decline, then the maximum 2 percent realty shares have broken. After this, a decline of 1.47 percent is being seen in the PSU bank sector. Auto indices have slipped 1.37 per cent, banks 1.33 per cent, consumer durables 1.32 per cent and media stocks 1.30 per cent.
Today’s rising stocks
HUL, ITC, PowerGrid, Reliance Industries, Nestle and Dr Reddy’s Laboratories are trading with gains in the Sensex today. On the other hand, weakness is being seen in the shares of Reliance Industries along with Britannia and ITC, HUL and PowerGrid in Nifty.
Today’s falling stock names
Along with NTPC, Infosys, HCL Tech and TCS, L&T, Titan, HCL Tech, Bharti Airtel, HDFC, Asian Paints, UltraTech Cement and Sun Pharma have also fallen in the Sensex. The red color of the fall in the shares of ICICI Bank, Tech Mahindra, Maruti, IndusInd Bank dominates.
How was the market condition in the pre-open
The trade mix of the market was being seen in today’s pre-opening. Today the BSE Sensex was trading at 59019 with a fall of 626 points and the NSE Nifty was up 106 points and was trading at the level of 17864.
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