new Delhi. Even though there is a favorable environment in the foreign markets, but after the figures of auto sales and manufacturing sector in India, the stock market looks flat. Whereas after the GST figures came on Tuesday, there was an upward trend in the stock market. Although the environment of auto and oil stocks continues to be strong, but due to the decline in tech and IT stocks, there is pressure. Let us tell you that the stock market saw a gain of 500 points on Tuesday.
Stock market flat
Today the stock market appears to be trading at a flat level. The Bombay Stock Exchange’s leading index Sensex is trading at 44636.04 points, down 19.40 points. On the other hand, Nifty 50, the major index of the National Stock Exchange, is trading at 13112.35 points with a slight increase of 3.30 points. BSE Smallcap 93.76, BSE Midcap 65.04 and Foreign Investors Index CNX Midcap are trading up by 97.80 points.
Fall in IT and banking sector
Today, in the case of sectoral index, there is a declining environment in the IT and banking sector. The IT sector is down by 114.55 points. While the tech sector remains down by 41.98 points. At the same time, both Bank Exchange and Bank Nifty are trading down by 88.51 and 73.10 points. BSE Auto is trading with a gain of 165.12 points and consumer durables by 270.73 points. BSE Metal is trading at 193.09, Oil and Gas 155.97 and Capital Goods by 105.16 points. BSE Healthcare is seeing an increase of 80.84 points. BSE FMCG 38.95 and BSE PSU are up by 51.90 points.
Rising and falling shares
Firstly, if you talk about the rising stocks, then Tata Motors is seeing a gain of 3.14 percent. Hindalco Industries shares are trading at 3.05 per cent, Indian Oil Corporation 2.97 per cent, UPL 2.64 per cent and Bharat Petroleum Corporation by 1.85 per cent. Talking about the declining stocks, Tech Mahindra 1.41 per cent, Infosys 0.90 per cent, Kotak Mahindra Bank 0.82 per cent, Bajaj Finance 0.68 per cent and Tata Consultancy Services are seeing a decline of 0.65 per cent.