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The Indian market remained under pressure on the first day of trading. On the one hand, the global market signals are not clear. Then the Asian market started with a slight increase in startup business. Sensex started today with a fall of 62.17 points at 61,667.51. While the Nifty opened at 18,192.50 points with a fall of 10.90 points. Due to which pressure can be seen in the Indian market today.
Influence of European and American stock markets
In the stock markets of America and Europe, on Friday, except the retail sector, all other sectors closed in the green mark. Investors will now focus on the ongoing G-7 meeting in Hiroshima. Investors will be watching Canada, France, Germany, Italy, Japan, the United Kingdom and the United States for discussions on sanctions as well as relations between China and Russia.
Asian market also affected
Before today’s meeting of the leaders of the G-7 countries in Japan, there is a tremendous boom in the Japanese market. Last week was the best for Japan’s Nikkei index since October 2022, with the index now at its highest level since 1990. The Nikkei is up 0.14% today. While South Korea’s Kospi index is also working with an increase of 0.82%. While the Hang Seng showed signs of flat trading, the Shanghai Composite was in the red.
Indian market rose on Friday
After 3 consecutive days of decline, the market closed with gains on Friday, May 19. The market managed to close above 18200 due to buying in the last trading hour. IT, Bank, Auto and some metal stocks gave support. At the end of trading, the Sensex closed up 298 points at 61,730 and the Nifty closed up 73 points at 18,203.
