Sensex Opens Today: Market Starts, 25 Stocks On Rise
Sensex opens today: market starts, 25 stocks including ONGC rise. BSE SENSEX made a bang on Wednesday. Sensex climbed 192 points to open.
The market started with a score of 48,446.39. Similarly, the NSE Nifty 50 of NSE was trading up 77 points at 14,573.
During the initial trading, ONGC, NTPC, Indusind bank, Titan, SBIN, Axis Bank, and Bharti Airtel rose 25 stocks. While 5 stocks including Maruti have a downward trend.
Earlier on Tuesday, the stock markets fell for the third consecutive trading session and Bse Sensex closed down 465 points.
The stock markets were unable to maintain the initial gains due to selling in the major stocks and finally closed in the fall.
According to traders, the serious situation of covid 19 and frequent selling of foreign funds has affected the market.
Sensex opens today: The market was open with an increase.
Bse Sensex with 30 shares opened in early trading. However, the business could not sustain after midday and closed at 48,253.51, down 465.01 points, or 0.95 percent.
Similarly, the NSE Nifty lost 137.65 points, or 0.94 percent, to close at 14,496.50 points.
Loss in these shares.
Dr. Reddy’s fell the most by 2.26 percent among the Sensex stocks. Apart from this, Reliance Industries, Sun Pharma, HDFC Bank, HDFC Ltd, Infosys, Mahindra & Mahindra, and Bharti Airtel were also at the loss.
Benefit here.
On the other hand, ONGC, Bajaj Finance, TCS, Nestle India, SBI and Kotak Bank, etc. were in profit. It rose up to 1.86 percent.
S Ranganathan, head of research, LKP Securities, said, “The stock market came down due to poor business results of many mid-cap companies.
There was a concern in the market due to the lockdown at the state level and profit booking was done in the stocks of metal and pharmaceutical companies in the afternoon trade. ”
Concern about Covid.
Vinod Modi, strategic head of Reliance Securities, said that there is concern about the case of the Covid-19 transition in the market.
This has affected investor sentiment. He said that cases of covid-infection are increasing daily in many states, this is a cause for concern.
However, the number of new cases has come down in many parts including Maharashtra and Delhi, which is a matter of relief.
Holiday in these markets.
Hong Kong and Seoul continued to lead in other markets in Asia, while markets in Shanghai and Tokyo remained closed due to the holiday. Europe’s major markets saw an upward trend in early trade.
Foreign institutional investors (FIIs) were net sellers in the capital market on Monday and sold shares worth Rs 2,289.46 crore, as per data available with the stock exchanges.
