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Stock Market Opening On 12th January 2023: Trading has started with a slight boom in the Indian stock market. The market opened in a narrow range due to the mixed trend of the Asian markets. The BSE Sensex opened with a gain of 10 points at 60,115 and the National Stock Exchange’s Nifty opened with a gain of 7 points at 17,902 points. Currently Sensex is trading with a gain of 33 and Nifty by 22 points.
condition of the sector
In the market today, there is a rise in the shares of IT, Auto, Banking, PSU Bank Energy, Infra sector, while there is a decline in the shares of Pharma, Energy FMCG, Metals sector. There is a slight rise in midcap and smallcap stocks. Out of 30 Sensex stocks, 19 stocks are trading with an increase and 11 stocks with a decline. Out of 50 stocks of Nifty, 30 stocks are trading with a boom and 20 stocks are trading with a decline.
bullish stocks
In today’s trade, HCL Tech 1.35 per cent, Titan 1.12 per cent, Mahindra & Mahindra 0.78 per cent, Larsen 0.74 per cent, Bajaj Finserv 0.69 per cent, Nestle 0.62 per cent, Wipro is trading with a speed of 0.60 per cent.
falling stocks
Today Asian Paints shares are trading down by 1.05 per cent, Tata Steel by 0.72 per cent, Axis Bank by 0.68 per cent, ICICI Bank by 0.59 per cent, Kotak Mahindra by 0.35 per cent, SBI by 0.30 per cent, Power Grid by 0.19 per cent.
Keeping an eye on inflation rate and IIP figures
Today the figures of retail inflation for the month of December will be announced. On which the market will keep an eye. It will depend on the retail inflation rate that what decision the RBI takes regarding interest rates in its monetary policy in the month of February.
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