Tag: india equity market

Share Market Opening 5 July: The domestic market started its trading on the last day of the week on a poor note due to a fall in banking stocks. After setting a new record a day earlier, as soon as trading began today, the Sensex fell by more than 200 points and fell below the historic level of 80 thousand points. By 9:20 am, the market decline had increased further. The BSE Sensex had fallen by 460 points to 79,590 points. At the same time, the Nifty50 index was trading near 24,185 points with a loss of 115 points. There are signs of pressure on the market today The BSE Sensex had fallen more than 300 points in the pre-open session and slipped from the 80 thousand point level to near 79,750 points. Nifty fell by about 90 points to below 24,215 points. Before the market opened, the Nifty future in GIFT City was down by about 17 points near 24,360 points. GIFT Nifty was already indicating that trading will remain sluggish today. The market made this record on Thursday These days the domestic markets are making new records every day. This week, the BSE Sensex managed to cross the 80 thousand mark for the first time in history. After that, on Thursday, the Sensex closed above 80 thousand points for the first time. During trading, the Sensex made a new all-time high of 80,392.64 points. Later the index closed at 80,049.67 points with a slight increase of 62.88 points (0.079 percent). Nifty also reached a new all-time high Similarly, Nifty made a new all-time high of 24,401 points in yesterday's trading. Later, the rise of the Nifty50 index was somewhat limited and it closed at 24,302.15 points with a marginal gain of 15.65 points (0.064 percent). Global markets remain bullish The global market is still bullish. There was no trading in the US market on Thursday. Wall Street was closed due to the public holiday of America's Independence Day. Today, Asian markets are strong. In early trade, Japan's Nikkei is up 0.46 percent, while Topix is at a new record high with a gain of 0.06 percent. South Korea's Kospi is up 0.45 percent and Kosdaq is up 0.25 percent. However, Hong Kong's Hang Seng is showing signs of starting with a decline. Selling in banking stocks Banking and financial stocks are under pressure in early trade. HDFC Bank was the biggest loser on the Sensex in the early session, falling by about 3 percent. Bankex was down 0.54 percent and Financial Services was down 0.62 percent on the BSE. Shares like Mahindra & Mahindra, Titan, Tata Steel were down more than 1 percent each. read this also: India's first unicorn company is preparing to launch an IPO, a new plan is made after 3 years Source link

Tag: india equity market

Share Market Opening 5 July BSE Sensex NSE Nifty 50 opens lower banking stocks down

Share Market Opening 4 July BSE Sensex NSE Nifty50 opens higher with global support

Share Market Opening 3 July BSE Sensex crosses 80000 mark first time in history

Share Market Closing 1 July BSE Sensex gains 450 points NSE Nifty closes over 24140