On 13 May, the Indian benchmark index closed on negative notes, with the Nifty below 24,600. At closure, the Sensex was down 1,281.68 points or 1.55 percent to 81,148.22, and the Nifty was 346.35 points or 1.39 percent to 24,578.35. Around 2507 shares rose, 1311 shares declined and 131 shares did not change.
The BSE Midcap index was flat, while the smallcap index increased by 1 percent. In areas, capital goods, media, PSU bank, pharma indices increased by 1–1.6 percent, while IT, metal, FMCG, oil and gas, realty indices fell by 0.9–2.5 percent. Power Grid Corp, Infosys, Eaterial, TCS, HCL technologies were among the top losers on Nifty, while India included Electronics, Jio Financial, Hero MotoCorp, Dr Reddy’s Labs and Sun Pharma growth.
After a significant bounce inspired by the news of the ceasefire, the Indian stock markets saw a decline. Profit, U.S. The Sensex and Nifty declined by more than 1% due to the increase in the treasury yield and the fall in the index heavyweight. The US-China trade stress reduction and rising crude oil prices further promoted the market fall. The Indian stock market opened with a decline on Tuesday (May 13) despite strong signals from global markets. The day earlier the market closed with its best ODI lead in four years. Market experts say that the domestic stock market can go to the consolidation phase today. The BSE Sensex with thirty share opened 180 points today to 82,249.60. It closed at 82,429.90 points on Monday. At 9:30 am it was at 81,958.32, declining 471.58 points or 0.57%.
Similarly, the Nifty of the National Stock Exchange (NSE) also opened with a decline at 24,864.05 points. It closed at 24,924.7 points on Monday. At 9:30 am it was 121.75 points or 0.49% to 24,802.95.
Today the major trigger point for the market
Factors such as global market signs and renewed shopping by foreign investors (FIIs) can affect market activities today. Apart from this, investors will also keep an eye on the data of retail inflation of April, which are going to be released after the market shutdown today.
What is the condition of global markets?
Meanwhile, the Asian markets rose on Tuesday after the Wall Street boom after the US-China trade agreement. Japan’s Nikkei rose 2.17 percent and topics 1.77 percent. South Korea’s cospie rose 0.13 percent. Australia’s ASX 200 0.71 percent.
How was the market on Monday?
On Monday, the BSE Sensex rose by 2,975.43 points or 3.7 percent to close at 82,429.90, while the Nifty rose 916.7 points or 3.8 percent to close at 24,924.7. The Indian benchmark indices were seen on Monday due to global and domestic positive developments such as the tension between India and Pakistan and the trade agreement between China and the US.
