Stock Market Opening: The market is in a selling mood, Sensex-Nifty opened flat, with ups and downs expected today
Stock Market Opening: The Stock Market opened at a flat level and fell down as soon as it opened. The Sensex started with a gain of about 42 points, while the Nifty started trading with a gain of about 8 points.
Poor start of the stock market on Friday. (Shakti knowledge)
Highlights
- Sensex and Nifty started today with very slight gains.
- Soon after this the stock market rolled down and is now trading on the red mark.
- Experts believe that Nifty will remain in the current range for some time.
New Delhi. The stock market started today with a slight gain. After the fall on Thursday, there is some life in the market today. The effect of greenery in other Asian markets is also visible here. Today the Sensex opened at 60,901.16 with a gain of 42.73 points. At the same time, Nifty has also started trading at 18115.60 with a gain of 7.75 points. However, immediately after opening, the market also broke by almost 42 points. The condition of Nifty is also looking like this.
Sensex and Nifty are constantly swinging between green and red marks. It is possible that today there will be fierce competition between the bears and the bulls. By the time this news is written at 9.32, the Sensex is trading at 60828.69, down about 29.74 points (0.05 percent). At the same time, the Nifty is trading at 18093.95, down 13.90 points (0.08 percent).
Where will the market go?
VK Vijayakumar, Chief Investment Strategist, at Geojit Financial Services, has said that Nifty is stuck in the range of 17,800-18,200 and will remain there now without any major push. He said that FII's becoming buyers again may not allow Nifty to go below 17,800, but there is no positive trigger to take it above 18,200. Today the results of many companies are going to come which can affect the market.
In which stocks Raunak
Nifty is looking ahead with a gain of 1.04 percent on Power Grid. After this, the shares of Adani Ports, Tata Motors, and HDFC Bank are seeing an increase of about 1 percent. SBIN is among the top 5 gainers with a gain of 0.88 percent. On the other hand, Sun Pharma is looking top among the losers by falling 2.04 percent. After this, the shares of Hindustan Unilever, Asian Paints, Nestle, and Titan are seeing a decline of more than 1 percent.
The results of these companies are to
come today for companies like Reliance Industries, JSW Steel, HDFC Life Insurance Company, Bandhan Bank, Union Bank of India Petronet LNG, LTI Mind Tree, RBL Bank, and India Energy Exchange. Investors can keep an eye on these stocks.
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