Share Market Live Update: The stock market has made a cautious start on Tuesday. Sensex and Nifty opened with gains today. BSE’s 30-share key sensitive index Sensex opened at 57297 with a gain of just 5 points at 9.15 am. On the other hand, Nifty started trading today with a red mark.
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In early trade, the Sensex fell at the level of 57,168.32 with a loss of 124.17 points. In the Sensex, stocks like Maruti, Infosys, Tata Steel, TCS, Power Grid, HCL Tech, NTPC on the green mark, Bharti Airtel, Bajaj Finserv, HDFC Bank, IndusInd Bank on the red mark. Whereas, Nifty was down 24 points at the level of 17093.
Monday’s condition: Sensex fell 571 points due to the rise in crude oil prices
Domestic stock markets could not sustain the early gains on Monday and standard indices – BSE Sensex and NSE Nifty – closed with a fall of nearly one per cent. Rising crude oil prices hit the market amid the Russia-Ukraine crisis. International oil benchmark Brent crude jumped 3.53 percent to $111.5 per barrel.
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The 30-share Sensex closed at 57,292.49, down 571.44 points, or 0.99 per cent. During the business, it had fallen 634.85 points or 1.09 percent to 57,229.08 points. Foreign institutional investors were net buyers, according to provisional stock market data. He bought shares worth Rs 2,800.14 crore on Thursday.
The Nifty of the National Stock Exchange also closed at 17,117.60, down 169.45 points, or 0.98 per cent. Power Grid, Asian Paints, UltraTech Cement, Nestle, Hindustan Unilever Ltd. are among the Sensex stocks. and HCL Technologies remained at a loss.