New Delhi : Today you have seen a flat start in the stock market. The market environment was a bit bad for the last few days, but today after the rise the market seems to be brightening. The main reason for the rise in the domestic market is being said to be the rise in the IT index. Due to the support of this sector, the market conditions seem to have changed.
Today in the pre-opening session, BSE Sensex, the main index of the domestic market, reached the level of 81,390.60 points with a gain of 239.33 points. Besides, an increase of 72.95 points has also been recorded in NSE's Nifty, after which this index has reached the level of 24,854.05 points.
rupee remained stable
The rupee remained steady at 84.07 against the US dollar in early trade on Tuesday. The support for the positive trend in domestic stock markets was neutralized by the continued outflow of foreign capital. However, the local currency got some support due to the weakening of the dollar and fall in crude oil prices, Forex traders said.
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Condition of listed companies
Among the 30 Sensex listed companies, shares of UltraTech Cement, ICICI Bank, Power Grid, Tech Mahindra, Titan, Infosys, Nestle and Bajaj Finserv gained the most. Shares of Tata Steel, Kotak Mahindra Bank, Tata Motors and NTPC were in loss.
Asian market suffered losses
In Asian markets, Japan's Nikkei, South Korea's Kospi and 225 were in loss, while China's Shanghai Composite and Hong Kong's Hang Seng were in profit. US markets closed with mixed sentiment on Monday. International standard Brent crude fell 0.24 percent to $ 74.11 per barrel.
Rupee closed at 84.07
The rupee opened at 84.07 per dollar at the interbank foreign exchange market and remained steady in early trade. The rupee had closed at 84.07 against the US dollar on Monday. Meanwhile, the dollar index, which gauges the US dollar's position against six major currencies, was down 0.04 per cent at 103.79.
Shares sold at this price
According to stock market data, foreign institutional investors (FIIs) were sellers on Monday and sold shares worth a net Rs 2,261.83 crore. Whereas domestic institutional investors (DIIs) bought shares worth Rs 3,225.91 crore.
(with agency input)
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