Mumbai: Indian stock market opened flat in Friday's trading session. All the indices of the market are trading within a limited range. At 9:44 am, the Sensex gained 86 points or 0.11 percent to 76,606 and the Nifty up 24 points or 0.10 percent to 23,231.
Mixed business is happening in the market. On the National Stock Exchange (NSE), 839 shares were in green mark and 825 shares were in red mark. Midcap and smallcap shares are seen selling in midcap and smallcap stocks than largecap. The Nifty Midcap 100 index rose by 282 points or 0.52 percent to 53,816 and the Nifty Smallcap 100 index was 177 points or 1.02 percent to 17,187.
IT, FMCG, Metal, Infra, Realty and Commodity Index are trading in green mark. Pressure is being seen in auto, PSU bank, financial services, pharma and media. The Sensex pack had Power Grid, HUL, Infosys, Tata Steel, NTPC, Bharti Airtel, ICICI Bank, Tech Mahindra and ITC top gainers. Jomato, Tata Motors, IndusInd Bank, M&M, Kotak Mahindra and Sun Pharma were the top losis.
Market experts say that 23,100 and 23,000 are a strong support level for Nifty. In the event of a boom, 23,300, 23,400 and 23,500 are one blockage levels. Most markets of Asia remains a rapid trend. Shanghai, Hong Kong, Bangkok and Seoul are trading with an edge. Jakarta and Tokyo are in light red marks.
Crude oil is trading with red mark. WTI crude falls 0.11 percent to $ 74.54 per barrel and Brent crude falls 0.09 percent to $ 78.22 per barrel. Foreign institutional investors (FIIs) have been selling in the Indian stock market for the last 15 days. In Thursday's trading session, foreign investors sold shares worth Rs 5,462.52 crore. During this period, domestic institutional investors had purchased Rs 3,712 crore.
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