Share Market: Slow start of Indian stock market, Sensex rose 61 points, auto-IT boomed
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Share Market Opening: Amidst the signals being received from the global market, the Indian stock market is showing sluggish movement on the fifth trading day of the week.
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At 9.30 am, the Sensex is trading at 71,908.88 points with a slight rise of 61 points.
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Nifty is visible at 21,870.05 with a slight increase of 0.14 percent i.e. 30 points. However, there is an atmosphere of turmoil in the market.
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15 out of 30 Sensex stocks are trading with green mark. Whereas, shares of 15 companies have a red mark.
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Out of 50 stocks of Nifty, 30 have green mark while shares of 20 companies are trading in loss.
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Top gainers on Sensex include Mahindra & Mahindra, NTPC, Wipro, TechM and Tata Steel.
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Shares of Axis Bank, Kotak Mahindra, ICICI, Nestle India and Sun Pharma are included in the category of top losers.
What is the condition of the sectors?
Today the banking sector shares are in bad shape in the stock market. Along with this, a decline is also being seen in the shares of Financial Services, FMCG and Private Bank. Whereas, growth is being seen in auto, IT, metal, pharma, PSU bank and realty sectors. Nifty Bank has fallen by 0.44 points i.e. 199.80 points and reached 45,708.50. Whereas, Nifty IT is trading at 38,006.50 with a rise of 0.61 percent i.e. 231.10 points. At 9.40 am, Nifty Auto is seen at 19,900.25 with a rise of 0.93 percent i.e. 184.25 points. Shares of oil and gas sector are also seeing a rise today.
how was the market yesterday
On the fourth trading day of the week, the stock market closed in the green due to last round of buying in shares of energy, metal and power sectors amid mixed trend of global markets. BSE’s 30-share index Sensex rose 267.64 points or 0.37 percent to close at 71,822.83 points. During trading it reached a high of 71,938.59 points and a low of 70,809.84 points. Whereas, the standard index Nifty of National Stock Exchange (NSE) also increased by 96.80 points or 0.45 percent and closed at 21,840.05 points.
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