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Stock market starts with sluggishness, Sensex opens below 61800, LIC shares up 2.5%

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Stock Market Today: Amidst the mixed trend in the global markets, the business started poorly in the domestic market on Thursday. Both the major domestic indices BSE Sensex and NSE Nifty opened in the red. This indicates that the decline in the domestic markets may continue for the second consecutive day. Earlier on Wednesday, there was a break in the market for 3 consecutive days.

Indian stock market started on a weak note today amid mixed signals from global markets. The Sensex was down 33.58 points or 0.05% at 61,740.20 and the Nifty was down 11.80 points or 0.06% at 18,273.60. Around 1233 scrips advanced, 779 scrips declined and 94 scrips remained unchanged.

Britannia, Power Grid Corp, Bajaj Auto, ITC and Kotak Mahindra Bank were the top gainers on the Nifty, while Hindalco, JSW Steel, Tata Motors, ONGC and HCL Technologies were the top gainers.

This is how today started

 

As soon as the market opened at 09:15 am, BSE’s 30-share index Sensex was in a declining trend. In early trade, it was trading close to 61,750 points, down by about 30 points. The Nifty was trading close to 18,275 after falling nearly 15 points. However, both the indices recovered within minutes of the start of trading. At 09:20 am, both the indices were trading in the green zone with slight gains.

signals from foreign markets

The US stock market also fell on Wednesday due to no concrete decision on debt ceiling. The Dow Jones closed down for the fourth day in a row. On Wednesday, the Sensex closed with a fall of about 250 points. At the same time, the S&P 500 index closed down by 0.7 per cent and the Nasdaq index by 0.6 per cent. Along with this, Fitch has put America in the ‘Negative Watch’ list with AAA rating. After which a decline is also being seen in American stock futures.

movement of asian markets

Meanwhile, mixed business is being seen in the Asian markets today. SGX Nifty is down 40.50 points. At the same time, Nikkei is seen around 30,848.07 with a gain of 0.54 percent. At the same time, it showed a weakness of 0.21 percent in direct time. Taiwan’s market is trading at 16,274.29 with a gain of 0.71 percent. While Hang Seng is seen at the level of 18,831.97 with a decline of 1.51 percent. At the same time, Kospi is trading with a decline of 0.29 percent. At the same time, the Shanghai Composite closed at 3,202.80 with a decline of 0.06 per cent.

FII-DII figures

Even after the fall in the market on Wednesday, foreign and local institutional investors made purchases. On Wednesday, Foreign Institutional Investors ie FII invested Rs 100 crore. 1186 crore shares were bought. While domestic institutional investors pumped in Rs in the cash market yesterday. 301 crore shares were bought.

Shares with F&O restrictions

The National Stock Exchange today placed Delta Corp and Indiabulls Housing Finance on the F&O ban list. This list includes companies whose securities account for more than 95% of market-wide positions.

These companies will declare their results today

The results of any company included in the Nifty 50 have not come today. But apart from this, companies like Vodafone Idea, IEX, SAIL, Zee Entertainment, GSFC, Page Industries, Dhanuka Agritech, EClerx, Emami, HOEC, IRFC, Kolte-Patil Developers, Rediko Khaitan, TTK Prestige will announce their January-March results. ,

How did the market fare on 24 May?

On May 24, the market closed in the red in another volatile trading session. The Sensex ended 208.01 points or 0.34 per cent lower at 61,773.78, while the Nifty closed at 18,28540, down 62.60 points or 0.34 per cent.