Stock market I am seeing weakness on the second day today. On Wednesday, the BSE Sensex broke 155.94 points to open at 81,395.69 points. At the same time, NSE Nifty is opened at 24,800 points with a weakness of 25.50 points. The market has started flat. If you look at the shares with fast and recession, then Infosys, Tata Motors, Airtel, Bajaj Finance and NTPC are boom. At the same time, falling stocks include ITC, IndusInd Bank, Mahindra, Titan etc.
Due to profit booking, on Tuesday, BSE Sensex fell 624.82 points to close at 81,551.63 points in a BSE Sensex fluctuating trading. Similarly, NSE Nifty fell 174.95 points to close at 24,826.20 points. According to the expert, today the figures of industrial production figures of April and the March quarter will be released on Friday quarter. Investors will keep an eye on these important data. According to Ajit Mishra, Senior Vice President (Research), Railigare Broking Ltd., we are currently watching tussle in the stunning and mandis amidst mixed global signals. However, favorable domestic factors such as good monsoon and strong large economic figures are helping to maintain positive environment.
American markets have gained momentum
Among the 30 companies included in the Sensex, ITC, IndusInd Bank, Nestle, Titan, Kotak Mahindra Bank, Mahindra & Mahindra, Reliance Industries and Maruti were in loss. ITC shares declined by more than three percent. Shares of Infosys, Internal (East Jomato), Tata Motors, Tech Mahindra, Bharti Airtel and Tata Consultancy Services were in profit. Among the Asian markets, South Korea’s Cupi, Nikki 225 of Japan and Shanghai SSE Composite were in profit while Hong Kong’s Hangseng was in loss. US markets recorded a huge lead on Tuesday. 2.47 percent in Nasdaq Composite, 2.05 percent in S&P 500 and Dow Jones Industrial Average rose by 1.78 percent.
Crude oil becomes cheaper
International standard Brent crude fell by 0.37 percent to $ 64.33 per barrel. According to the stock market data, foreign institutional investors (FIIs) were living on Tuesday and purely bought shares worth Rs 348.45 crore.
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