Stock Market: Sensex below 74,900-Nifty falls

Stock Market: The movement of the Indian stock market is slow today and the market has got off to a sluggish start. PSU Bank Index is on the decline and due to this, weakness is being seen in bank shares which is pulling the market down. Profit booking is dominating the domestic market and smallcap-midcap indices are trading in the red. Due to pressure on Metal Index, Pharma Index, Financial Services Sector, IT Sector and Banking Sector, the market is not getting enthusiasm and it is still in decline.

How was the opening of the stock market?
Today, BSE Sensex has opened at the level of 74,889 with a decline of 148.51 points or 0.20 percent and NSE’s Nifty has opened at the level of 22,677 with a weakness of 76.40 points or 0.34 percent.

What is the condition of Sensex shares?
Out of 30 shares of BSE Sensex, 11 shares are trading with a rise and 19 shares are declining. Among the top gainers of the market, NTPC is trading at 2.68 percent, Tata Motors at 1.27 percent, L&T at 0.66 percent, Nestle at 0.56 percent and Reliance Industries at 0.36 percent. Apart from this, Sun Pharma has fallen 1.50 percent among today’s Sensex top losers. Maruti is trading down by 1.28 percent, JSW Steel by 1.22 percent, Kotak Mahindra Bank by about one percent and Asian Paints by 0.85 percent.

Which stocks of Nifty are in movement
Out of 50 stocks of NSE Nifty, only 17 stocks are rising and 33 stocks are declining. The names of NTPC, Tata Motors, DVZ Labs, Coal India and Nestle are visible among the highest rising stocks of Nifty. Sun Pharma, JSW Steel, Maruti, Shriram Finance and Grasim were seen falling the most.

Market capitalization of BSE shares
The market cap of BSE has come to Rs 402.56 lakh crore and currently 3067 shares are being traded on BSE. Out of these, 1624 shares are on the rise and 1301 shares are in decline while 142 shares are trading without any change. There is upper circuit on 103 shares and lower circuit on 51 shares. There are 89 stocks which are trading at 52-week high level and 6 stocks are trading at one-year low level.