Share market had a weak start, both Sensex and Nifty slipped.

Share Market Opening Bell: Indian stock market had a weak start this morning. However, till 9.20 the market seems to be in recovery mode. Sensex was trading at 72,744.51, up 0.14 percent or 101.08 points. At the same time, Nifty is seen rising by 0.077 percent i.e. 16.95 points at 22,040.30. However, the market fell again immediately. During this time, an upper circuit of five percent has once again been imposed in Paytm. The company’s stock was trading at Rs 389.20 with a rise of 4.99 percent i.e. Rs 18.50. Today shares of 3085 companies are trading in the market. Out of these, stocks of 2023 companies are trading rapidly. Whereas, 924 stocks are trading in the red and 138 stocks are trading without any change.

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What is the condition of Sensex Nifty?

Out of thirty stocks on Sensex, stocks of 15 companies are trading with gains. Whereas, the stocks of 15 companies have been marked red. During trading on Nifty, Bank Nifty is trading down by 149.10 points and FMCG by 302.30 points. The red mark is visible in all sectors except auto. Mahindra & Mahindra’s stock has seen a rise of three percent on Nifty. Tata Steel, JSW Steel, Apollo Hospital, Dr Reddy, Bajaj Auto and Axis Bank joined the list of top gainers. Whereas, shares of Adani Enterprises, Adani Ports, UPL, PowerGrid, Asian Paints, Titan and Tata Consumer were included in the category of top losers.

how was last week

Last week was also not good for the Indian stock market. On weekly basis, Sensex fell by 1.82 percent i.e. 1345.52 points, while Nifty fell by 2.18 percent i.e. 491.10 points. Due to this, the market capitalization (market cap) of five of the top 10 most valuable Sensex companies collectively declined by Rs 2,23,660 crore last week. The biggest losers amid the weak trend in the stock market were Reliance Industries and Indian Life Insurance Corporation (LIC) had to raise money. At the same time, experts believe that during the week many central banks of the world will announce their stance on monetary policy. In such a situation, there may be fluctuations in the stock market in the near term. Pravesh Gaur, senior technical analyst at Swastika Investmart, said that everyone’s attention will be on monetary policy this week. The two-day policy meeting of the Federal Reserve is going to start on March 19. The US central bank will announce its decision on interest rates on March 20. He told that apart from this, China will announce key rates on one year and five year loans.