Share Market Today: Recovery seen after opening with decline, but Sensex-Nifty running in red mark
Opening with a fall in the stock markets, Nifty at the level of 15,700.
New Delhi:
Share Market Updates : Due to the early increase in policy rates by the US Federal Reserve Bank, there is a downward trend in the global markets on Thursday, due to which the domestic markets also opened with negative notes today. However, both the benchmark indices were seen recovering shortly after the market opened. Nifty had opened below 15,700 in opening but then the index climbed above this level.
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The Sensex was moving at 52,403.47 at 10.12 am. During this period, a decline of 98.51 points i.e. 0.19% was being recorded in the index. During this Nifty was at the level of 15,735.40 and was trading with a fall of 32.15 points i.e. 0.20%.
In today’s opening, the Sensex opened at the level of 52,219.16, down by 282.82 points i.e. 0.54%. At the same time, Nifty opened at the level of 15,678.20 with a fall of 89.30 points i.e. 0.57%. 587 shares rose in the opening, while 1160 shares fell, 95 shares did not change. Based on 30 shares, 24 shares of the Sensex are open in the red mark.
In Asian markets, Japan’s Nikkei was down 1 per cent and the S&P 500 was down 0.4 per cent in the morning.
If we talk about yesterday’s closing, then the momentum in the domestic stock markets for four trading sessions was halted on Wednesday and both the indices closed below record highs. This fall was led by strong selling in Reliance Industries and HDFC and HDFC Bank. The Sensex closed at 52,501.98, down 271.07 points, or 0.51 percent. On Tuesday, it had closed at a record level of 52,773.05 points. Nifty also closed 101.70 points or 0.64 percent below the record level at 15,767.55.