Share Market Open Today: Earlier on Wednesday, the rally of the domestic stock market had stopped for four consecutive days. Today the domestic markets are on the path of decline for the second consecutive day.
Share Market Opening on 1 June: Due to the pressure created in the global markets, today on Thursday, the domestic markets are on the path of decline for the second consecutive day. In early trade, both the major domestic indices BSE Sensex and NSE Nifty are in loss.
Pre-open is made of pressure
The domestic stock market was showing signs of opening in the red zone even before the start of today’s trading. In Singapore, NSE Nifty futures SGX Nifty was trading in loss in the morning. This was indicating that the domestic market may start under pressure today. Both Sensex and Nifty fell in the Pro-Open Session.
The market started like this
When trading started in the market at 09:15 am, the BSE’s 30-share index Sensex remained almost stable. In early trade at 09:35 in the morning, it was trading near 62,665 points with a gain of about 40 points. On the other hand, the Nifty was trading below 18,560 points after weakening by about 20 points. There is a possibility of loss in the domestic market in the day’s trading.
Pressure in global markets
There is a downward trend in the global markets. The US stock market remained in loss on Wednesday. In today’s business, pressure is also visible in the Asian markets.
Such condition of Sensex companies
Talking about the initial business, the shares of most of the big companies are showing strength. At 09:35 in the morning, only 10 out of 30 Sensex companies were in loss. Shares of 20 companies have started trading with gains. The share of Coal India is at a loss of 4 per cent. Bharti Airtel has also fallen by about 3 percent.
This week has been like this
Earlier on Wednesday, the 30-share Sensex of BSE was in loss. The Nifty also closed down by nearly 100 points. On Wednesday, there was a break in the market for 4 consecutive days, while the markets were strong in both the initial days of the week i.e. Monday and Tuesday.
