Stock market slips after flat start


New Delhi. On the last trading day of the week, there is weakness in the stock market after the end of the trading of the first session. The Indian stock market, which traded steadily for the first four days of the week, is trading in the red mark after slipping since the announcement of monetary policy today. The stock market started trading flat today. Initially, there was a slight rise in the market on the strength of buying for some time, but after the announcement of monetary policy, the market got bullish and the stock market reached the red mark.

The Bombay Stock Exchange (BSE) Sensex today opened at a level of 54 thousand,492.17 points with a weakness of 0.67 points. After the market opened some buying started, due to which the stock market was expected to rise. But within a short time, the stock market reached the red mark due to selling pressure. However, once again buying started in the stock market at 10 o’clock, due to which the Sensex jumped by about 140 points to reach the level of 54 thousand,633.58 points. After trading at this level for some time, the stock market was once again dominated by the sell-off, due to which the Sensex fell 376.60 points from today’s top level at 11 pm to reach the level of 54 thousand,256.58 points. Since then, the stock market has been trading continuously in the red mark. There is some rally in the stock market when there is a buying force in between, but after a while the selling pressure builds up, the stock market rolls back down. Between buying and selling, the Sensex was trading at a level of 54 thousand,355.60 points with a weakness of 137.24 points at one and a half in the afternoon.

Today, the Nifty of the National Stock Exchange (NSE) also started trading with a gain of 9.8 points from the level of 16 thousand,304.40 points. Like the Bombay Stock Exchange, the National Stock Exchange too remained volatile since morning. In the trading till 11 in the morning, the Nifty would have climbed above the buying support, and sometimes it would have fallen under the selling pressure. But after 11 o’clock Nifty fell 101.20 points from today’s top level to reach the level of 16 thousand,235.55 points. Since then Nifty has been trading continuously in the red mark. In between, the stock market is also getting marginal buying support, but overall selling pressure remains high. In the midst of this round of buying and selling, the Nifty was trading at a level of 16 thousand,265.85 points with a weakness of 28.75 points at one and a half in the afternoon.

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In the trading so far, 12 out of 30 stocks included in the Sensex are showing strength and remain in the green mark. At the same time, 18 shares are trading in the red mark with weakness. So far 3,187 shares have been traded on the Bombay Stock Exchange. Out of this, 1,817 shares are trading in the green mark with gains. The same trend remains in 1,261 shares, while there is no change in the price of 109 shares.

The weakness in the stock of Reliance Industries has had a great impact on the stock market today. Reliance’s stock has fallen by more than 2 percent in the business so far. On the other hand, the stock market is getting full support of the metal and auto sector shares today. Nifty’s metal index is trading with a gain of 0.77 percent and the auto index is trading with a strength of 0.63 percent.

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Among the heavyweights, Adani Ports continues to be the top five gainers so far with gains of 2.8 per cent, Bharti Airtel 2.05 per cent, IndusInd Bank 1.93 per cent, IOCL 1.68 per cent and Tata Consumer by 1.57 per cent. On the other hand, Cipla 3.42 per cent, Reliance Industries 2.02 per cent, Shree Cement 1.89 per cent, UltraTech Cement 1.67 per cent and Nestle India remained the top five losers so far with a weakness of 1.11 per cent.

Bombay Stock Exchange, Indian Stock Market, Indian Stock Market News

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