Stock Market Opening: The domestic stock market has opened with a decline in the beginning of today. Along with the signals coming from global markets, domestic signals are also important in the Indian market and at this time most of the market experts are in favor of adopting a cautious approach in the market.
How was the market opening today?
Today, mixed business is being seen in the opening of the stock market and BSE Sensex is in decline while NSE Nifty has returned to the rise. In today’s opening, BSE Sensex is trading with a decline of 223.44 points or 0.28 percent. Nifty started trading at 24,832 with a rise of 36.45 points or 0.15 percent.
The market has started this morning with these bad signs
In the American market, Dow Jones has closed with a fall of 394 points.
There has been a decline of 1-1 percent in S&P and Nasdaq.
FIIs have sold shares worth more than Rs 50,000 crore in 6 days.
In crude oil, Brent crude has gone above $ 80 per barrel, which is not a good sign for the Indian market.
How is the condition of Sensex shares?
17 Sensex stocks are showing a rise and 13 of its stocks are trading with a decline. M&M, HUL, Bharti Airtel and Axis Bank are bullish and SBI, L&T and UltraTech Cement are bullish.
Bank Nifty slipped into decline
Midcap has started with a strong fall of 300 points and as soon as the market opens, Nifty has also come in the red mark. Bank Nifty has also lost its initial gains and has slipped into the red range.
What is the market cap of BSE?
The market capitalization of BSE has currently come to Rs 450.82 lakh crore. The mcap which had reached Rs 478 lakh crore a little over a week ago had come down to Rs 450 lakh crore today.
How did the market look in pre-opening?
In the pre-opening of the stock market, BSE Sensex was trading at the level of 160.63 points or 80889. NSE’s Nifty was trading at the level of 24697 with a decline of 96.60 points or 0.40 percent.
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