The domestic stock market opened on a cautious note on Tuesday. Traders remain cautious ahead of the crucial two-day US Fed meeting that begins tonight. Benchmark equity indices opened on a negative note in the trading session. The NSE Nifty opened 0.05% higher at 25,396.35 while the BSE Sensex opened 22 points or 0.03% higher at 83,010. Besides, the broader indices opened in the green. The Bank Nifty index opened 42 points higher at 52,195. The BSE Midcap index is trading steady while the Smallcap index is marginally lower.
top gainer, top loser
Britannia, Tata Consumer Products, Divi’s Laboratories, Hindustan Unilever, and Apollo Hospitals were the top gainers in the Nifty 50 during the trading session. Meanwhile, Tata Motors, HDFC Life Insurance, TCS, Maruti Suzuki, and Eicher Motors emerged as the major loser stocks in the Nifty 50 on September 17. Apart from this, NSE has added Birlasoft, GNFC, LIC Housing Finance, Aarti Industries, Balrampur Chini Mills, Bandhan Bank, Chambal Fertilizers and Chemicals, Granules India, Hindustan Copper and RBL Bank to the F&O ban list on September 17, 2024.
Crude Oil Prices
On Tuesday morning, WTI crude oil prices rose 0.47% to $70.42, while Brent crude oil prices rose 0.16% to $72.87. Meanwhile, the US dollar index (DXY), which tracks the value of the dollar against six major currencies, rose 0.01% to 100.72. FMCG stocks saw significant buying in today’s trade.
Movement in the shares of these companies
According to the Economic Times, the Bombay Stock Exchange (BSE), the leading regulator of capital markets, postponed the listing of Trafficsol ITS Technologies in a last-minute action just before the scheduled 10 am listing on Tuesday. Shares of Panacea Biotec rose 5% after settling the ongoing dispute with Sanofi India. Shares of Vifin Solutions rose 3%. The group has announced the acquisition of 3 companies. Also, shares of Torrent Power rose 5% after signing a solar-wind hybrid project with the Gujarat government.