Share Market Open Today: This week has proved to be good for the domestic market so far. Earlier on Wednesday, the domestic markets remained strong for the third consecutive day.
Share Market Opening on 27 April: There is a downward trend in the global markets and due to this the domestic stock market started trading today under pressure. Both the major domestic indices BSE Sensex and NSE Nifty have started trading with a slight gain.
Market decline from pre-open
Domestic stock markets were under pressure even before the start of today’s trading. In Singapore, the futures SGX Nifty of NSE Nifty was down by 65 points in the morning. This was indicating that the pressure on the domestic market may continue even today. Both Sensex and Nifty fell during the Pro-Open session. Before the start of the session, the Sensex was at a loss of about 30 points.
initial business like this
Both the major indices started the trading today with a slight gain. When trading started in the market at 09:15 am, the BSE’s 30-share index Sensex crossed 60,300 points with a gain of just 10 points. However, in a short period of time, the Sensex went into loss and came down to 60,300 points. At the same time, Nifty was also trading near 17,800 points with fluctuations in a limited range.
Continued decline in global markets
A decline was recorded in the US markets on Wednesday. The Dow Jones Industrial Average was down 0.68 percent and the S&P 500 was down 0.38 percent, while the tech-focused Nasdaq Composite Index was up 0.47 percent. The same trend of pressure is visible in the Asian markets today. In today’s trade, Japan’s Nikkei index is down by 0.23 per cent, while Hong Kong’s Hangseng is down by 0.06 per cent.
Such condition of big companies
Talking about the initial business, the shares of big companies are showing a declining trend. At 09:20 in the morning, shares of 16 out of 30 Sensex companies were in the red mark. TCS and HDFC are the biggest losers in early trade. All major banking and financial stocks including Axis Bank, ICICI Bank, SBI are also in loss.
it’s been a good week
This week has proved to be good for the domestic market so far. Earlier on Wednesday, the domestic markets remained strong for the third consecutive day. After the end of trading, the BSE’s 30-share index Sensex climbed 169.87 points, or 0.28 percent, to close at 60,300.58 points. The National Stock Exchange’s Nifty was also at 17,813.60 points with a gain of 44.35 points, or 0.25 percent.
