The stock market started with a slight decline, only 5 out of 30 stocks showed a rise
the stock market started with a slight decline The stock market continued to decline for the third consecutive day on Thursday as well. It opened at 59,968, down from yesterday’s close of 60,008. Till the time of writing the news, the BSE Main Index Sensex was trading at 147.96 points i.e. down at 59,860.37 points. Along with the BSE, the NSE also saw a decline when trading started on Thursday. NSE’s main index Nifty was also trading at 17,867.45, down 31.20 points, or 0.17 percent, at 9:40 in the morning.
According to the BSE website, at 9:42 am on Thursday morning, shares of State Bank of India and HDFC Bank were seeing gains on the Sensex, while the shares of Reliance and Tata Steel were trading with a decline. At the same time, at 9:45 am, the shares of ITC, BAJFINANCE, SBIN, BAJAJFINSV, ASIAN PAINT, NTPC, HDFCBANK, POWERGRID, ICICIBANK, and TITAN were trading with green marks. WHEREAS, HINDUNILVR, BHARTIARTL, HDFC, INDUSINDBK, ULTRACEMCO, NESTLEIND, RELIANCE, LT, MARUTI, SUN PHARMA, AXISBANK, KOTAK BANK, INFY, TCS, TATASTEEL, BAJAJ-AUTO, HCL TECH, TRADED WITH RED MARKS & M, DR REDDY Was doing.
VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said, “The market momentum has weakened recently, and the market is moving towards a risk-off mode. Higher valuations, India’s downgrading by several foreign brokerages, RBI warnings Comments and sustained selling by FIIs have contributed significantly to this weakness in the market.
Earlier on Wednesday too, the stock market closed with a fall after a day’s trading. During this period, both BSE and NSE saw a downward trend. After a day’s trading on Wednesday, the BSE main index Sensex closed down 314.04 points, ie, 0.52 percent, at 60,008.33 points. At the same time, there was a decline in BSE as well as NSE. On Wednesday, the main index Nifty on the NSE also closed at 17,898.65, down 100.55 points, ie, 0.56 percent.
