Pressure on domestic stock market, Sensex and Nifty fell in early trading.
New Delhi. There seems to be pressure in the domestic stock market during early trading today. Today’s trading also started with a slight decline. After the market opened, buyers made a slight buying push, but this did not have any significant impact on the movement of both the Sensex and Nifty indices. Selling pressure started increasing shortly after the market opened, due to which the weakness of both these indices also increased. After trading till 10 am, Sensex was down by 0.57 percent and Nifty was down by 0.66 percent.
After the trading till 10 am, shares of Infosys, Tech Mahindra, Trent Limited, HCL Technology and Wipro were trading with a strength of 1.32 percent to 0.41 percent. On the other hand, shares of Maruti Suzuki, Shriram Finance, Hindustan Unilever, Max Health Care and Coal India were seen trading with a fall of 1.44 per cent to 1.12 per cent.
In the current trading, there was active trading in 2,603 shares in the stock market. Of these, 907 shares were trading in the green after earning profits, while 1,696 shares were trading in the red after incurring losses. Similarly, out of 30 shares included in Sensex, 6 shares remained in the green with the support of buying. On the other hand, 24 shares were trading in the red due to selling pressure. Whereas out of 50 shares included in Nifty, 11 shares were seen trading in green mark and 39 shares were seen trading in red mark.
BSE Sensex opened today with a slight weakness of 28.13 points at the level of 82,220.48 points. As soon as the market opened, buyers started buying. Despite this buying, this index could not rise above the red mark. After some time, the bears created selling pressure in the market, due to which the weakness of Sensex started increasing. Due to continuous selling, this index fell below the level of 82 thousand points in a short time. After trading at 10 am amid continuous buying and selling in the market, the Sensex was trading at the level of 81,781.43 points with a fall of 467.18 points.
Like Sensex, NSE’s Nifty fell 36.70 points today and started trading at 25,459.85 points. There was a slight improvement in the position of this index as buying started as soon as the market opened, but this index continued to remain in the red. Selling pressure started increasing after the first 10 minutes of trading, due to which the weakness of Nifty also increased. Due to continuous selling, within a short time this index fell below the level of 25,400 points. After continuous buying and selling in the market till 10 am, Nifty was trading at the level of 25,329.40 points, falling by 167.15 points.
Before this, on the last trading day on Thursday, the Sensex had closed at the level of 82,248.61 points with a weakness of 27.46 points or 0.03 percent. At the same time, Nifty ended Thursday’s trading at the level of 25,496.55 points with a rise of 14.05 points or 0.06 percent.
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