Pressure in the domestic stock market, Sensex and Nifty fell in early trade

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New Delhi : In the midst of a weak global environment, the domestic stock market is also under pressure today. Today mixed trading started in the Indian market. Sensex opened with a slight weakness, while Nifty started today’s trade with a slight gain. After the first 1 hour of trading, the Sensex was trading with a weakness of 0.10 percent and the Nifty was down by 0.11 percent.

After the initial 1 hour of trading, shares of Hero MotoCorp, BPCL, IndusInd Bank, UPL and Bajaj Auto were seen trading with a strength of 2.35 percent to 1.14 percent. On the other hand, shares of Kotak Mahindra, Infosys, HCL Technology, Eicher Motors and Power Grid Corporation were trading with a weakness of 0.78 per cent to 0.69 per cent.

In the trading so far, there were active trading in 1,907 shares in the stock market. Out of these, 1,206 stocks were trading in the green mark by earning profit, while 701 stocks were trading in the red mark by taking losses. Similarly, out of 30 stocks included in the Sensex, 11 stocks remained in the green mark with the support of buying. On the other hand, 19 stocks were trading in the red under selling pressure. While out of 50 stocks included in the Nifty, 23 stocks were seen trading in the green mark and 27 stocks in the red mark.

Today, the BSE Sensex started trading at a level of 61,932.32 points with a symbolic weakness of 0.15 points. As soon as the market opened, there was a tug-of-war between the buyers and the sellers, in which the sellers had the upper hand. Due to the continuous selling, the Sensex fell to the level of 61,793.58 points in a short time. The Sensex was trading at a level of 61,869.64 points with a weakness of 62.83 points at 10:15 am after the first 1 hour of trading amid continuous buying and selling in the market.

Unlike the Sensex, the Nifty today opened at a level of 18,300.45 points with a gain of 13.95 points. This index also fell to 18,249.05 points due to selling pressure in early trade itself. However, after this the buyers created a buying force, due to which there was some improvement in the Nifty’s position. Nifty was trading at a level of 18,264.45 points with a weakness of 19.55 points at 10:15 am after the initial 1-hour trading between continuous buying and selling in the market.

The domestic stock market also started trading with a decline in the pre-opening session today amid weak global cues. In this session, the BSE Sensex was at the level of 61,842.09 points with a weakness of 90.38 points, or 0.15 percent. At the same time, the Nifty fell 10.50 points, or 0.06 percent, to reach the level of 18,276 points in the pre-opening session.

Prior to this, on Tuesday, the Sensex had weakened by 413.24 points, or 0.66 percent, to close at the level of 61,932.47 points. On the other hand, the Nifty ended Tuesday’s trade at 18,286.50 points, down 112.35 points, or 0.61 percent.