Share Market Open Today: Markets around the world are in the grip of selling, the effect of which is visible on the domestic stock market. There is selling pressure in IT, banking and finance stocks today.
Share Market Opening on 13 April: Amidst the fall in the global markets, the domestic stock market has started trading today with a decline. Both the major domestic indices BSE Sensex and NSE Nifty have registered a decline as soon as they opened.
Pre session pressure
Domestic stock markets were under pressure even before the start of today’s trading. In Singapore, the futures of NSE Nifty SGX Nifty (SGX Nifty) was in decline of about 22 points i.e. 0.12 per cent in the morning.
This was an indication of the poor start of the domestic stock market today. At the same time, the barometer of turmoil in the market, India Vicks was up by 2.42 percent. Both Sensex and Nifty were in loss during the Pro-Open session. Before the start of the session, the Sensex had fallen by about 30 points, while the Nifty was also in loss.
initial business like this
Both the major indices started the trading today with losses. When trading started in the market at 09:15 am, the BSE’s 30-share index Sensex came close to 60,250 points with a loss of about 130 points. At the same time, Nifty started trading with a loss of more than 20 points. There is a possibility of pressure on the domestic market in today’s business.
Global market also declined
A decline was recorded in the US markets on Wednesday. The Dow Jones Industrial Average was down 0.11 percent, the S&P 500 was down 0.41 percent and the tech-focused Nasdaq Composite Index was down 0.85 percent. Today the same trend is visible in the Asian markets as well. Asian markets are down in today’s trade. Japan’s Topix index is down in day trading. Hong Kong’s Hangseng is down by 0.63 per cent.
Keep an eye on these companies
In today’s trade, investors will be eyeing stocks like TCS, Infosys, Vedanta and Britannia. TCS, the largest IT company and the second most valuable company in the stock market, released the results on Wednesday. Along with this, the earning season of big companies has started. Today the result of second largest IT company Infosys is going to come out.
Sensex opening trend
Talking about the initial business, the shares of many big companies are in decline. Shares of 12 out of 30 Sensex companies are in the red mark. Tech, banking and finance stocks are seeing a decline. IndusInd Bank is in the biggest loss. On the other hand, IT companies like TCS, Infosys, Tech Mahindra and Wipro are at a loss of more than 1-1 per cent in the initial trade.
