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Stock Market Opening: In the domestic stock market today, business is open only with the red mark of decline. Nifty and Sensex are down 0.3 per cent. There is a decline in IT, auto and bank stocks. There was a strong decline in the US markets yesterday and they have been able to close with a weakness of 1.5-2.5 percent. Its effect is also being seen on the Indian market and the fear of increasing the repo rate is also being seen in the MPC meeting of the Reserve Bank today.
how was the market opening
In the opening of the stock market today, NSE’s 50-share index Nifty opened at 16,798 with a fall of 20.05 points or 0.12 percent. The BSE Sensex opened at 56,240, down 169.81 points or 0.30 per cent.
How was the trade today in the pre-opening
In the pre-opening of the stock market today, the BSE Sensex was down by 211 points i.e. 0.37 percent at the level of 56198. On the other hand, the NSE Sensex slipped 53 points or was down 0.32 percent at the level of 16764.
share india Of VP-Head of Research Dr. Ravi Singh It is said that today the outlook for the Indian stock market remains the same. Today Nifty is likely to open between 16750-16800 in the stock market and Nifty is expected to be in the range of 16600-16900 for the day’s trading. Pharma, media, PSU banks, FMCG and energy sectors are the most strong sectors in the market, while there may be weakness in IT, financial services, auto, banks and infrastructure.
Trading strategy for today
for shopping- Buy on target of 17080 if move above 17000, stop loss at 16950
for sale- Sell below 16800 with target of 16720, stoploss at 16850
Sensex and Nifty condition
Today, out of 30 Sensex stocks, 16 stocks are trading with gains and 14 stocks are seeing a decline. Apart from this, 25 out of 50 stocks of Nifty are registering a rise and 24 stocks are declining. A stock is trading with no change.
Which sectors are witnessing a decline – which one has climbed
Looking at the sectoral index, there is a fall of 1.17 percent in the IT sector and 0.58 percent in the financial stocks. PSU banks, auto, FMCG, realty, consumer durables, oil and gas sectors continued to decline. Healthcare index, media, metal and pharma stocks are trading with gains.
Today’s Stocks Rising
If we look at the Sensex’s rising stocks today, PowerGrid has a strength of 2.30 percent. Sun Pharma rose 1.25 per cent and UltraTech Cement 1.06 per cent. Reliance Industries is seeing a rise of 1.12 percent and L&T by 0.75 percent. Apart from these, shares of Dr Reddy’s, Kotak Mahindra Bank, Nestle and ITC are seeing a rise.
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