Stock Market Update 26 July: The domestic stock market has started on a positive note today. Sensex and Nifty are up, supported by the rise in IT stocks. Banking stocks fell yesterday, which is continuing today as well and are preventing the market from reaching greater heights.
How was the start of the stock market
On the last trading day of the week, the BSE Sensex opened at 80,158, up 118.70 points or 0.15 per cent. The NSE Nifty opened at 24,423, up 17.25 points or 0.071 per cent.
Bank stocks continue to fall
Yesterday too, there was a decline in Bank Nifty which is continuing today. Bank Nifty is at 50,719 with a decline of 169.75 points or 0.33 percent. Out of its 12 stocks, 6 stocks are rising and 6 stocks are falling. Federal Bank has fallen the most by 3.56 percent and IDFC First Bank has fallen by 1.71 percent. There is weakness in the stocks of HDFC Bank, ICICI Bank and Axis Bank.
Sensex stock update
Out of 30 Sensex stocks, 20 are trading with gains and 10 stocks are seeing a decline. The top gainer of Sensex is Bharti Airtel and it is up 2.25 percent. Tata Steel has also risen today and is showing a gain of 1.97 percent. Apart from this, stocks like Infosys, JSW Steel, HCL Tech, TCS, Bajaj Finance, Asian Paints, Power Grid, SBI, Adani Ports, Reliance Industries, M&M, Bajaj Finserv are in the green.
Market Capitalization of BSE
The market cap of stocks of companies listed on BSE has reached Rs 453.15 lakh crore. In US currency, it is 5.41 trillion US dollars. 3191 stocks are being traded on BSE, out of which 2326 stocks are in gain. 766 stocks are in decline and 99 stocks are showing no change. 162 stocks have upper circuit and 34 stocks have lower circuit. 171 stocks are at one year high while 11 stocks are at the lowest level in the same period.
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