BSE Sensex today: Stock market opened at flat level, Rupee crossed 71 per Dollar: On the second trading day of the week, the market has started its opening at a flat level. On one hand, where the Sensex has fallen on the red mark today. So, while the Nifty is showing a slight uptrend, it seems to be green trading with an increase. In today’s market, this period of decline is due to the fall in bond yields due to the concern of the US markets.
Open market on red mark –
The Sensex (sensex) based on the shares (shares) of 31 companies of BSE (BSE) opened at 37,462.89 points, with a decline of -119.02 (-0.32%) points. At the same time, the National Stock Exchange. Nifty (nifty) based on the shares of 50 companies of (nse) opened at 11,114.80 with a slight gain of 5.15 (0.05%) points. However, within few minutes the Nifty fell -18.05 (-0.16%) points to 11,091.60. Has come to the level of.
That’s why the market fell
Today almost all sectors except energy sector have started their business with a decline. Today auto, pharma, FMCG, IT, metal and infra sectors are seen doing business on the red mark. This is the reason why the market has not been able to show a boom today. Banking stocks are also seeing weakness. Due to which the Bank Nifty is losing 1.13 per cent and is getting close to 28110. There is an all-round weakness in the market today.
Midcap and small cap slow start-
If we look at the midcap and small cap, both of them seem to be trading with sluggishness. The BSE midcap index is trading with a weakness of 0.08 per cent, while the BSE smallcap index is trading with a slight gain of 0.16 per cent.
These stocks are trading with an increase
Now, if the shares opened with a fall, NTPC, Bharti Airtel, Britannia Industries, Vedanta, M&M, Power Grid, HDFC, JSW Energy, HUL, Tech Mahindra, Inox, PVR and Dish TV traded on the red mark Have been. While the shares of Reliance Industries, Gail India, BPCL, Yes Bank, Indiabulls Housing, Zee Entertainment, and Tata Motors are trading on the green mark. Reliance shares opened today by 8 per cent after the meeting of Reliance AGM. Are.
Rupee opened with a fall
Now if we talk about the rupee, then the rupee has started declining against the dollar today. Today the rupee has seen a decline of 36 paise against the dollar. The rupee opened today at 71.14 against the dollar, while it closed at 70.78 against the dollar on Friday.
Here is the condition of the Asian market-
The Asian market has started the business today with weakness. But the SGX Nifty is trading with an increase. On the other hand, falling bond yields have caused the US markets to worry about recession.
Today, Australia’s market Australia ASX All Ordinaries started their business with a fall of -12.30 points. Japan’s nikkei is trading 244.31 points, or 0.33 per cent, at 20,440.51, while Taiwan’s Taiwan TSEC 50 Index is trading 74.10 points weaker. With the weakness of, it is seen at the level of 25,469.17.
The koriya stock market Kospi (kospi) seems to be trading down by 0.66 per cent. The SGX Nifty is trading at a rapid pace today. The SGX Nifty is trading at 11,126.50 with a strength of 36.50 points i.e. 0.33 per cent. Today, 0.89 percent weakness is being seen in the Straits Times. While the Shanghai Composite is down 17.20 points, or 0.61 per cent, at 2,797.43 levels.
This was how the US market was
Talking about the American markets, the fall in bond yields has caused the American markets to worry about the recession. In yesterday’s trade, the US markets closed down about 1.5 percent. Dow slipped 390 points yesterday to go below 26000. The 10-year bond yield has hit a low of 2016. Banking shares in the US plunged by 2 per cent in yesterday’s trade. BofAML has also said that there is a risk of recession in the next one year.
Gold shine increased –
In the international market, gold is seen to be strong and gold on Comex is trading at $ 1526.50 with a strength of 0.61 percent. At the same time, silver is showing a boom and on Comex, silver is trading around $ 17 with a strength of 1.20 percent.
Pressure on Crude Oil Prices at Upper Price
On Tuesday, Brent crude was seen trading below $ 58.50 per barrel and WTI crude oil traded below $ 55 per barrel. On Tuesday, prices were seen under pressure due to light profit booking at the top. On Friday, crude oil August futures closed at Rs 3,886 with a rise of Rs 190 on the Multi Commodity Exchange.
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