Stock Market News: After the decline of seven consecutive days, the second business day of the week has started with firm. Stocks of PSU banks and consumer goods manufacturing companies saw a boom. On Tuesday, a 30 -point Sensex on BSE opened 299.85 points to open at 80,664.79. At around 9:30 in the morning, the Nifty 50 was also trading at 24,705.90 by jumping 71 points.
Rapid shares
-
Power Grid: 1.82% gains
-
Asian Paints: 1.36% lead
-
India Electronics Limited: 0.94% gains
-
Titan: 0.85% gains
-
HDFC Bank: 0.75% gains
Declining shares
-
ITC: 0.36% fall
-
Reliance Industries: 0.29% declines
-
Artnal: 0.14% decline
-
Larsen & Turbo: 0.12% fall
-
Trent: 0.09% declines
Monday market status
The Indian stock market started the week with a flat shutdown in Monday’s trading session. The Sensex fell 61.52 points (0.08%) to close at 80,364.94, while the Nifty closed at 24,634.90 with a weakness of 50, 19.80 points (0.08%). The market stance was mixed throughout the day.
Light selling was seen in largecap and smallcap stocks, while there was a trend of shopping in midcap shares. The main causes of weakness in the market were the tremendous withdrawal of foreign investors, selling and monetary policy committee (MPC) meeting of RBI.
In early trade, Nifty opened up at 50 24,728.55 with a rise of 162.31 points at 80,588.77 with a rise of 162.31 points. However, by noon the market slipped into the red mark.
BSE Top Gainers: Titan, SBI, Eternal, Trent, BEL
BSE Top Louquars: Axis Bank, Maruti, L&T, ICICI Bank, Bharti Airtel
Sectoral display: Nifty Bank, Nifty 100, Nifty Finn Services and Nifty Midcap 100 rose, while Nifty Small Cap, Nifty Auto and Nifty closed with IT weakness.
Also read: Is the repo rate cut for the fourth time this year? What is the opinion of brokerage firms between weakened money
Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)
Khanderao Deshmukh aims to guide job seekers by delivering accurate, timely, and easy-to-understand information, helping them secure stable government careers.
