stock market
The stock market has had a flat start today. Sensex and Nifty have slipped into the red after opening in the green. In early trade, Sensex is trading at 81,554.86 points with a gain of 46.40 points. At the same time, NSE Nifty is trading at 24,635.05 with a gain of 19.30 points. Shares like HCL Tech, Tata Motors, Bajaj Finance, ITC etc. are rising. However, the market is swinging between green and red marks.
Let us tell you that there was a decline in the local stock market on Monday and BSE Sensex lost more than 200 points. Amid mixed sentiment globally, the market fell due to selling in major stocks like Reliance Industries, Hindustan Unilever, Axis Bank. In volatile trading, the 30-share BSE Sensex closed at 81,508.46 points, down 200.66 points. National Stock Exchange’s Nifty also slipped 58.80 points and closed at 24,619 points.
Vinod Nair, head of research at Geojit Financial Services, said, “Crude oil prices rose amid tensions in West Asia. Apart from this, retail inflation data is to be released in India and America this week and a meeting on monetary policy of the European Central Bank is to be held. Due to this, investors have adopted a cautious attitude.
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