Stock Market Opening: The Indian stock market has had a very flat start today and a decline in shares is being seen on both the Sensex-Nifty exchanges in the opening minutes. Today, due to the flat start in the market, an all-round flat environment is visible. Today, the market is getting some support only due to the rise in IT index, in which mainly the shares of Tech Mahindra, Wipro, Tech Mahindra are seeing a rise. Today Nifty IT and FMCG indices are also trading on the decline. IT is trying to become a support center for the index market.
How was the market opening?
BSE Sensex opened at 81,155.08 and saw a nominal rise of only 3.80 points. NSE’s Nifty has managed to open by rising 17.55 points at the level of 24,798.65.
There is fierce competition going on in the market
At the opening time of the stock market, a close contest is being seen between bulls and bears i.e. between rise and fall. If we look at the advance-decline ratio here, 900 shares are showing rise and only 900 shares are seeing decline.
Sensex shares are showing a rise
A slight rise was seen in GIFT Nifty today, after which no special signals were seen for the Indian markets but it rose by 28 points to the level of 24816.50.
Good signals were received from Gift Nifty
A slight rise was seen in GIFT Nifty today, after which no special signals were seen for the Indian markets but it rose by 28 points to the level of 24816.50.
There was a decline in American markets yesterday
There was a decline in the American markets yesterday and it seemed that this has put a brake on their momentum. On Monday, only Nasdaq was bullish in the US market and a big decline was recorded in S&P 500 along with Dow Jones.
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