Share Market Opening: Amidst the signals being received from the global market, the Indian stock market is showing sluggish movement on the fifth trading day of the week.
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At 9.30 am, the Sensex is trading at 71,908.88 points with a slight rise of 61 points.
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Nifty is visible at 21,870.05 with a slight increase of 0.14 percent i.e. 30 points. However, there is an atmosphere of turmoil in the market.
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15 out of 30 Sensex stocks are trading with green mark. Whereas, shares of 15 companies have a red mark.
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Top gainers on Sensex include Mahindra & Mahindra, NTPC, Wipro, TechM and Tata Steel.
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Shares of Axis Bank, Kotak Mahindra, ICICI, Nestle India and Sun Pharma are included in the category of top losers.
What is the condition of the sectors?
Today the banking sector shares are in bad shape in the stock market. Along with this, a decline is also being seen in the shares of Financial Services, FMCG and Private Bank. Whereas, growth is being seen in auto, IT, metal, pharma, PSU bank and realty sectors. Nifty Bank has fallen by 0.44 points i.e. 199.80 points and reached 45,708.50. Whereas, Nifty IT is trading at 38,006.50 with a rise of 0.61 percent i.e. 231.10 points. At 9.40 am, Nifty Auto is seen at 19,900.25 with a rise of 0.93 percent i.e. 184.25 points. Shares of oil and gas sector are also seeing a rise today.