Share Market Opening: Amidst the signals from the global market, the Indian stock market has started with disappointment. After opening with a slight gain in the pre-opening, Sensex and Nifty fell sharply. At 9.20 am, Sensex was trading at 73,580.80, down 0.44 percent or 323.11 points. Whereas, Nifty is seen slipping by 0.41 percent i.e. 92.20 points at 22,361.10. Meanwhile, the prices of crude oil and gold have gone up. The price of crude oil is seen at $89 per barrel. At the same time, gold record COMEX GOLD has reached close to $ 2290. Currently, stocks of 2892 companies are trading in the market. Out of these, there is a rise in the share prices of 1808 companies and a decline in the share prices of 949 companies. There is no change in the share prices of 135 companies.
What is the situation on Sensex and Nifty?
Only eight companies on the 30-share Sensex of BSE are seeing only a slight rise. Whereas, the stocks of 22 companies are showing a deep red mark. Whereas, only slight rise is being seen in media and metal sectors on Nifty. Apart from this, all the sectors appear broken. The maximum decline of 437.50 points is seen in the FMCG sector. Whereas, banks are seen falling by 226.90 points, private banks by 104.5 points and consumer durables by 150 points. On Nifty, stocks of Shriram Finance, Hindalco, ONGC, UltraTech Cement, Tech Mahindra, Axis Bank and Mahindra & Mahindra were among the top gainers. Whereas, stocks of Nestle India, Apollo Hospital, Britannia, Tata Consumer and Bharti Airtel joined the category of top losers.
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how was the market yesterday
On Tuesday, the bullish trend that had been going on for three trading sessions came to an end and BSE Sensex was at a loss of 111 points. The market witnessed a decline due to profit booking in select private banks and auto stocks amid weak trend in the US markets and capital withdrawal by foreign institutional investors. The Sensex based on 30 shares closed at 73,903.91 points with a decline of 110.64 points or 0.15 percent. At one time during trading the Sensex had gone down to 270.78 points. National Stock Exchange’s Nifty also closed at 22,453.30 points with a slight decline of 8.70 points or 0.04 percent. Both Sensex and Nifty had reached their highest ever levels during trading on Monday. Later, both the benchmark indices were up 0.5 per cent.