Ultimate magazine theme for WordPress.

Stock market slips before Reliance Quarterly Result, Titan shares fall


New Delhi. Today the Reliance Industries quarterly results are coming. Prior to this, the stock market has seen a decline due to profit booking. The stock is seeing a decline of about one and a half percent after the great results of Titan. Presently, the Sensex is trading with a decline of over 200 points. However, during the trading session, this decline had reached 500 points. The Nifty is trading near the 14850 mark. Reliance’s stock is trading at a flat level. While the shares of Wipro and ONGC are seeing a gain of about 3 per cent.

Also read: Tata-BigBasket Deal gets CCI approval, Tata Digital will buy 64% stake

stock market crash
The stock market is witnessing a decline in the stock market across the country due to lockdown prospects, record cases of corona cases and profit booking. The Bombay Stock Exchange’s flagship index Sensex is trading at 49546.86 points, down 219.08 points. While at the beginning of the business this decline had reached 500 points. While the National Stock Exchange’s leading index Nifty 50 is trading at 14,848.70 points, down by 46.20 points. BSE Small Cap is seeing a gain of 63.01 points. On the other hand, BSE Mid-Cap and CNX Midcap index of foreign investors are trading down by 26.30 points.

Also read: Lockdown in Delhi: traders association demands from Lieutenant Governor, lockdown to be extended by May 15

Decline in banking sector, boom in metal and IT
Sectoral mixed is being seen today. Where the bank exchanges are trading with a decline of 401.16 points and Bank Nifty by 432.80 points under the banking sector. Consumer durables were trading down by 198.69 points, BSE Auto 77.71, Capital Goods 20.59 and BSE FMCG by 1.90 points. On the other hand, metal is seeing good gains of 270.38 and 187.60 points. On the other hand, BSE Healthcare is seeing a gain of 150.52 points. Oil and Gas are seeing 102.77 points, Tech 79.64 and BSE PSU 21.08 points.

Also read: Amazon Quiz is giving you the chance to win prizes worth thousands of rupees from home, just have to do this work

Rising and falling shares
Firstly, if we talk about the rising stocks, then the shares of Wipro and ONGC are seeing a rise of about 3%. Bajaj Auto is seeing 1.60 per cent, Tata Steel 1.44 per cent and Divis Laboratories 1.30 per cent. On the other hand, HDFC Bank 2.81 per cent, Housing Development Finance Corporation 2.10 per cent, Titan Company 1.62 per cent, ICICI Bank 1.54 per cent and Bajaj Finserv shares are seeing a decline of 1.36 per cent.

Leave A Reply

Your email address will not be published.