Today, on the third trading day of the week ie Wednesday, the stock market opened on the red mark due to mixed global signals, but the Sensex is still beyond 50 thousand. The Bombay Stock Exchange’s flagship index Sensex lost 113.20 points (0.23 per cent) to open at the level of 50080.13. At the same time, the Nifty of the National Stock Exchange opened 32.90 points (0.22 per cent) down at the level of 15075.20. Today 1161 shares gained, 540 shares declined, while there was no change in 71 stocks. The BSE Sensex lost 473.92 points, or 0.96 per cent, in the previous week on the short trading day due to the holiday.
Fluctuations in global markets
closed on Tuesday, with all US markets down. The Dow Jones closed down 267.13 points at 34,060.70, down 0.78 percent. The Nasdaq was down 0.56 per cent to close at 75,401 points at 13,303.60. Markets in France and Germany also closed with a fall. Japan’s Nikkei index is trading down 454 points at 27,952. China’s Shanghai Composite Index is down 15 points at 3,513. Hong Kong’s Hangseng Index is up 446 points at 28,589. Korea’s Kospi index gained 38 points to 3,173. Australia’s All Ordinaries Index has fallen 124 points to 7,175.
Most of the heavyweights
in a matter of strong stocks, today early in the business, L & T, Nestle India, Power Grid, Ultratech Cement, Dr Reddy’s, Sun Pharma, SBI, Bharti Airtel, HDFC, ITC, NTPC and Titan share green Open on the trail. ICICI Bank, HDFC Bank, Reliance, Bajaj Finserv, ONGC, Asian Paints, M&M, HCL Tech, Bajaj Auto and IndusInd Bank, Maruti and TCS opened on the red mark.
During the pre-open it was the stock market’s recent
Sensex was down 45.61 points (0.09 per cent) at 50147.72 during the pre-open at 9.04 am. The Nifty was down 18.90 points (0.13 per cent) at 15089.20.
This week, the market will be determined by these factors
Analysts say the stock market move this week will be determined by the quarterly results of listed companies, the pace of vaccination campaigns and the global market trend. Quarterly results of some companies such as Bharti Airtel, Tata Motors, Indian Oil Corporation, Havells, Hindalco and Federal Bank are due this week. Apart from this, investors will also pay attention to the inflation based on wholesale price index released on Monday.
Last week, only two
of the top 10 valued companies reported a profit of eight of the top 10 valued companies in the country, with a combined loss of Rs 1,13,074.57 crore in market capitalization last week. Tata Consultancy Services (TCS), Infosys and HDFC Bank were the biggest losers. Of the top 10 valued companies, only two, Reliance Industries and State Bank of India, made profit on a weekly basis.
The previous trading day was open with an increase. The market had opened with a
gain of 462.60 points (0.93 per cent) at 50043.33 level on the previous trading day. At the same time, the Nifty opened at 148.30 points (0.99 per cent) at the level of 15071.50.
The stock market closed on the green mark on Tuesday
The stock market continued to rise on Tuesday and closed on the green mark. The Sensex had closed at the level of 50193.33, up 612.60 points or 1.24 percent. At the same time, the Nifty closed at 15108.10 with a gain of 184.95 points, or 1.24 per cent.
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