Decline in stock market stopped and recovery started

Balasahana Suresh

A slight decline is being seen in the domestic stock market today as well but it is trading with a little recovery compared to yesterday. In the stock market today, bank Nifty again started trading with a decline of about 100 points, although Nifty IT was trading with a boom but it is swinging in the red-green mark. At 9.40 am, NSE Nifty has once again touched the level of 24,000 and on the basis of this it seems that the boom can return to the market today.

Decline in reliance Industries, M&M

Talking about shares, decline is dominating the trade of shares of reliance Industries, M&M and hdfc Bank. If we look after 20 minutes of market opening, then NSE Nifty has come in the green mark even though it is only a one point rise. Nifty has reached the level of 23,996.35. With this, the BSE Sensex has reached the level of 78,759.58 and it is only 22 points down.

How was the market opening?

The BSE Sensex opened at 78,542.16 today and yesterday it closed at 78,782.24. Apart from this, if we talk about Nifty, it opened at 23,916.50 while its monday closing was seen at 23,995.35.

What is the condition of sectoral index?

In the sectoral index, metal, pharma, IT, auto and healthcare indices are trading with gains and apart from these, all other sectoral indices are seeing a decline today.

Latest update of Sensex and Nifty stocks

Out of 30 Sensex stocks, 14 are seeing gains and 16 stocks are trading with losses. Apart from this, if we look at Nifty, 24 out of its 50 stocks are trading in a bullish trend and 26 stocks are trading in a bearish trend. In the morning trade, bank Nifty fell 51 points to the level of 51,102 and out of 12 stocks of bank Nifty, only 4 stocks are trading in a bullish trend while 8 stocks are trading in a bearish trend.

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