Stock Market Opening: The stock market has started on the downside today and after many days the business is being seen in the red mark. Bank Nifty has seen a decline as soon as the market opens. Although the beginning of Nifty and Sensex was seen flat, but the weakness in Bank Nifty deepened in the opening minutes itself.
How the market opened today
Today the market has opened flat and Sensex-Nifty are trading almost at yesterday’s levels. The BSE Sensex opened at 66,266.35 with a nominal fall of 0.47 points. On the other hand, NSE’s Nifty fell 0.15 points to open at the level of 19,659.75.
Sensex and Nifty condition
13 out of 30 Sensex stocks are showing strength and 17 stocks are trading with a decline. Apart from this, equal competition is going on in the shares of Nifty. Out of its 50 shares, 25 are trading on strength and 25 on decline.
How is the business looking sector-wise?
Media shares have jumped the most in the sectoral index by 1.23 per cent and FMCG has gained 0.52 per cent. Pharma and PSU bank shares are also trading with gains. Healthcare, realty, consumer durables and oil and gas stocks are registering a boom.
Which stocks are up, which are down
Today, M&M, Powergrid, Reliance Industries, HUL, Nestle, Asian Paints, SBI, Wipro, IndusInd Bank, Sun Pharma, ITC, Bharti Airtel and Infosys, UltraTech Cement are seeing strong gains in Sensex stocks. In falling stocks, apart from Tata Motors, HDFC Bank, ICICI Bank, Axis Bank, TCS, Bajaj Finserv, Titan, Maruti, Tech Mahindra are seeing a decline.
How was the pre-opening of the market
Today, in the pre-opening of the market, the Nifty was almost flat and a slight decline was seen in the Sensex. NSE’s Nifty fell 7.75 points to the level of 19652.15. At the same time, the BSE Sensex was at the level of 66198.92 with a decline of 67.90 points or 0.10 percent.
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