Share market opened with gains, Sensex and Nifty are trading in the green.

Share market opened with gains, Sensex and Nifty are trading in the green.

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The domestic stock market has started the second trading day of the week on a positive note. In the beginning, the shares of a big company like Reliance Industries have seen a rise, which has provided good support to the stock market. The stock market has done good business in the beginning of the day. But this lead did not last long.

According to the data, both the indices Sensex and Nifty soon lost their initial gains. Both started trading at lower levels in the stock market. According to the data, BSE’s 30-share index Sensex rose 254.11 points to 71,569.20 in early trade. Nifty rose 61.35 points to 21,480. But both the indices lost this gain within 30 minutes of the market opening, after which both the indices were trading at lower levels. After falling lower, Sensex fell by 152.33 points to 71,168.99 and Nifty fell by 40.50 points to 21,375.30.

Among Sensex companies, shares of Nestle, Reliance Industries, Sun Pharma, Larsen & Toubro, Axis Bank, Wipro and Bharti Airtel were among the gainers. Whereas shares of Tata Consultancy Services, Mahindra & Mahindra, Bajaj Finserv, HDFC Bank, Asian Paints and IndusInd Bank remained in loss. In other Asian markets, Japan’s Nikkei was in gain, while China’s Shanghai Composite, Hong Kong’s Hang Seng and South Korea’s Kospi were in loss. US markets closed on a positive note on Monday. Global oil benchmark Brent crude was trading 0.12 per cent higher at $78.04 per barrel. According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 33.51 crore on Monday after continuous buying. If we talk about Bank Nifty, there has been a big decline in it. Bank Nifty is down 126 points at the level of 47,471. Three out of 12 Bank Nifty stocks are trading in the green while the other nine are trading in the red.

This is the condition of rupees

The rupee depreciated by three paise to 83.13 against the US dollar in early trade on Tuesday amid firming crude oil prices and outflow of foreign funds from domestic stock markets. However, the fall of the rupee was limited due to slight weakening of the American currency and positive trend in the stock markets, Forex traders said. The rupee opened flat at 83.10 per dollar in the interbank foreign exchange market. After this it reached 83.13 per dollar, which is a fall of three paise from the previous closing price. The rupee had closed at 83.10 against the US dollar on Monday. Meanwhile, the dollar index, which gauges the dollar’s position against six major currencies, was down 0.01 per cent at 102.17. Global oil benchmark Brent crude was trading 0.17 per cent higher at $78.08 per barrel. According to stock market data, foreign institutional investors (FIIs) were net sellers in the capital market on Monday and sold shares worth Rs 11,507.05 crore.

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