Share market: sluggishness remains in stock market, Sensex-Nifty trading with a downward trend
Stock market: Sensex-Nifty opened with a fall. (Symbolic picture)
New Delhi:
Share Market Today: Domestic stock market In the past four days, there has been constant slowness. The business week started with a fast pace. The Bombay Stock Exchange index crossed the 52,000 mark. But for the last three days, there has been a steady decline in the market. , Amid weak global cues, both the BSE and NSE indices opened on Friday on the last day of the week.
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Today, the Sensex was trading at 22,82 points, or 0.43% at 51,101.87 at the opening. At the same time, the Nifty has come to a level of 15,100. 64.50 points i.e. 0.43% decline was recorded in the Nifty. The index was trading at 15,054.50.
22 stocks of 30-share Sensex opened in red. With the market opening, there were 637 shares, 540 shares declined, while there was no change in 82 stocks.
Let us know that on Thursday, the closing fell for the third consecutive day and the BSE 30 Sensex fell by 379.14 points. The 30-share BSE Sensex lost 379.14 points, or 0.73 per cent, to close at 51,324.69. Similarly, the National Stock Exchange’s Nifty closed at 15,118.95 points, down 89.95 points, or 0.59 percent.
Given the weak trend in global stock markets and high valuations of stocks, investors stayed away from risky assets.
Bank and financial stocks witnessed heavy selling. HDFC Ltd. in the fall of SENSEX And HDFC Bank played an important role for the second consecutive day. Bajaj Finance was the biggest loser among the Sensex stocks. It declined by 2.43 percent. Besides, Kotak Bank, Nestle India, HDFC, HDFC Bank, Mahindra & Mahindra and ICICI Bank also declined.
(With input from language)