September 21, 2024

Share Market Opening: Recession in the stock market, Sensex, Nifty collapsed! These are the global signals – share market opening today sensex falls 200 points and nifty 50 below 17,400


Mumbai : The first trading day of the week started on a bearish note in the Indian stock markets today with Sensex-Nifty showing a red sign. At the opening of the market today, the 30-share index Sensex of the Mumbai Stock Exchange (BSE) opened down 132.62 points, or 0.22 percent, at 59,331.31 points. While the 50-share Nifty of the National Stock Exchange (NSE) opened down 37.20 points, or 0.21 per cent, at 17,428.60.

The Hindenburg Effect! Adani’s shares fall, LIC’s thousands of crores in water, such is the share price
Sensex-Nifty share position
Out of 30 Sensex stocks, only 12 are bullish and 18 are down. Along with this, 11 out of 50 Nifty stocks are trading bullish while 38 stocks are trading bearish. Also 1 stock is trading with no change. Nifty’s Bank Index, Financial Services, PSU Bank, Private Bank and Realty Index shares are showing gains in the opening session on Monday. These sectors seem to be trading at a good pace.

Can’t get buyers, can’t stop falling… Adani’s share goes deeper; Investors were worried
Pre-opening of the market
A bearish trend was seen in the stock market before the market opened today. The BSE Sensex was down 103.22 points or 0.17% at 59,360.71. While the NSE Nifty was trading at 17,436.95, down 28.85 points or 0.17 percent. Paytm rose 4% in early trade, while Adani Transmission shares were seen down 3%. Also, LIC shares fell by Rs 13.50 to Rs 571.15, a fall of 2.29% in early trade.

Will the decline of ‘Adani’ share stop or go deeper? Stocks at all-time lows, now good news
Which stocks are bullish?
Looking at the rising stocks of Sensex today, shares of ANPC, ICICI Bank, Nestlé, Axis Bank, SBI, Kotak Mahindra Bank, Asian Paints, HDFC, HDFC Bank, ITC, Bajaj Finserv, Powergrid are seen trading in green.

Which shares fell
In today’s opening session Ultratech Cement, Reliance Industries, Titan, Sun Pharma, M&M, IndusInd Bank, HUL, Bajaj Finance, L&T, Maruti, TCS, Tata Steel, Wipro, HCL Tech, Bharti Airtel, Tata Motors, Tech Mahindra And Infosys shares are witnessing a falling session.



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