New Delhi. The stock market opened in the red on Monday, the first trading day of the week, amid continuous withdrawal of domestic capital. There is a declining trend in both the major market indices Sensex and Nifty. Bombay Stock Exchange (BSE) Sensex is trending at the level of 85,575.64 with a decline of 136.73 points or 0.16 percent. At the same time, Nifty of National Stock Exchange (NSE) is also falling by 47.95 points or 0.18 percent and is trending at the level of 26,138.50.
Out of 30 Sensex stocks, 11 are in the green, while 19 stocks are under pressure, indicating that there is a mixed environment in the market and investors are adopting a cautious approach. At the same time, the Indian currency rupee is trending at 90.07 against the US dollar with a fall of 12 paise in early trade.
It is noteworthy that on Saturday, the last trading day of the week, the 30-share BSE Sensex closed at 85,712.37 points, rising by 447.05 points or 0.52 percent. At the same time, NSE’s Nifty of 50 shares rose by 152.70 points or 0.59 percent and closed at 26,186.45.
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