Stock Market Today: There is instability in the Indian stock market amid Lok Sabha election results and global uncertainties. Today, after opening with improvement, Sensex and Nifty are trading with a decline.
Sensex today rose 196.86 points after opening with a gain of 96 points. However, amid selling pressure, banking stocks including HDFC Bank and ICICI fell 288 points to 72822.66 by 10.30 am. 24 improved to 73129.27 at 11.00 am.
Nifty maintained the level of 22 thousand
Amidst ups and downs, Nifty 50 is trading at the level of 22 thousand today. Till 11 am, Nifty was trading at 22248.45 with an improvement of 30.60 points. India volatility index VIX is trading 1.98 percent higher at 20.60. Nifty Bank, Nifty Auto, Nifty Financial Services, Nifty FMCG and Nifty IT indices are trading down by up to 0.74 per cent.
Investors' capital increased
The market cap on BSE increased to Rs 403.59 lakh crore as compared to yesterday's close. Which shows an increase of Rs 1.68 lakh crore. The market momentum has been seen positive in the stock market. In BSE pack, 2179 shares are trading in advance and 1301 shares are in decline. There is upper circuit in 232 shares and lower circuit in 127 shares.