Share Market Opening: After a one-day rally, the market fell again; stock market opening today sensex, nifty start with marginal losses; Adani ent tumbles 6 percent
Mixed signals in the US market
US markets showed a mixed trend on Wednesday. The Dow Jones edged up 5.14 points, or 0.02 percent, to close at 32,661.84. The S&P 500 index fell 18.76 points to close at 3,951.39. Also, the Nasdaq Composite fell 76.06 points to close at 11,379.48.
Inception of Sensex-Nifty
Global cues have started the market down. The BSE Sensex opened down 124 points to 59,287 points while the National Stock Exchange Nifty opened down 29 points to 17,421 points. Meanwhile, the market is currently bearish with Sensex down by 225 points while Nifty is trading with a fall of 60 points.
Initial status of sectoral indicators
In the initial session of the market, the shares of banking, energy, infra, commodity sectors are increasing, while the shares of IT, auto, pharma, FMCG, metal sectors are trading down. While the small cap index is trading with marginal gains while the midcap index is trading with declines. Apart from this, 8 out of 30 stocks of Sensex are increasing and 22 stocks are falling. Also, out of 50 stocks in Nifty, 15 stocks are trading in the green while 35 stocks are trading in decline.
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Which stocks rose?
Bajaj Finserv 1.61%, Hero MotoCorp 1.44%, Larsen 0.98%, JSW Steel 0.76%, Tata Steel 0.62%, Hindalco 0.24%, Ultratech Cement 0.20% opened today’s trading session. , Bank 0.91 percent, HDFC Bank 0.19 percent, ICICI Bank 0.05 percent, Titan 0.18 percent and Divis Lab are trading higher.
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Which stocks fell?
Mahindra & Mahindra 1.41 percent, Tech Mahindra 1.40 percent, TCS 1.32 percent, Infosys 1.31 percent, Maruti Suzuki 1.24 percent, Axis Bank 1.18 percent, Tata Motors 1 percent, Wipro SBI 0. 6 percent, and HUL is trading down 0.61 percent. Apart from this, shares of Adani Group flagship Adani Enterprises fell by 5 percent in the opening session. While Adani Power and Adani Green rose by 5 each, Adani Ports showed weakness. Apart from this, NDTV shares are showing gains today while Adani Wilmar is also in green while Adani Gas, ACC and Ambuja Cement are in red.
