Stock market recovers after decline in early trade, recovery in Sensex and Nifty
Stock,Market,Early,Trade
New Delhi . The domestic stock market seems to be recovering from lower levels during early trading today. Today’s trading started with a decline. After the market opened, the weakness of both Sensex and Nifty indices increased further due to selling pressure. However, after the first 10 minutes of trading, buyers took charge and started buying, due to which the market situation started improving. After trading till 10 am, Sensex was trading with a strength of 0.03 percent and Nifty with a weakness of 0.10 percent.
After the trading till 10 am, among the big stocks of the stock market, shares of Infosys, HCL Technology, TCS, Asian Paints and Tech Mahindra were trading with a strength of 2.71 percent to 1.36 percent. On the other hand, shares of Hindalco Industries, Eternal, Shriram Finance, ICICI Bank and Kotak Mahindra were seen trading with a fall of 2.77 per cent to 1.09 per cent.
In the current trading, there was active trading in 2,582 shares in the stock market. Of these, 1,693 shares were trading in the green after earning profits, while 889 shares were trading in the red after incurring losses. Similarly, out of 30 shares included in Sensex, 14 shares remained in the green with the support of buying. On the other hand, 16 shares were trading in the red due to selling pressure. Whereas out of 50 shares included in Nifty, 16 shares were seen trading in green mark and 34 shares were seen trading in red mark.
BSE Sensex opened today with a fall of 79.48 points at the level of 83,197.67 points. Due to increased selling pressure as soon as the trading started, the index fell to the level of 82,987.43 points within the first 10 minutes. After this, buyers created buying pressure, due to which the position of this index started improving. After trading till 10 am amid continuous buying and selling in the market, the Sensex was trading at the level of 83,304.10 points with a gain of 26.95 points.
Like Sensex, NSE’s Nifty slipped 44.80 points today and started trading at 25,637.95 points. Due to selling pressure as soon as the market opened, this index fell to the level of 25,570.30 points. After this, buyers started buying, due to which the position of this index started improving. After continuous buying and selling in the market till 10 am, Nifty was trading at the level of 25,655.95 points with a fall of 26.80 points.
Before this, on the last trading day on Monday, the Sensex had closed at the level of 83,277.15 points with a gain of 650.39 points or 0.79 percent. At the same time, Nifty ended Monday’s trading at the level of 25,682.75 points with a rise of 211.65 points or 0.83 percent.
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