Sunday , November 24 2024

Stock News: Indian stock market closed flat on the first day of trading | News India

Jqhp69swen1ozfwwtwr8bl0vwnta14r2fqq6ia9a

Today, on Monday, August 19, the Indian stock market closed flat on the first day of trading. The market opened with a gain of 200 points in the morning. The Sensex closed down 12 points at 80,424. Nifty saw a jump of 31 points. It closed at 24,572. Out of the 30 Sensex stocks, 16 rose and 14 fell.

Shares of Ola Electric rose 10% today. Its stock reached Rs 146.03 today. Ola shares were listed in the market on August 9 at Rs 76. Since then the stock has risen by almost 80%.

Weakness in auto, bank, financial sector

Auto, bank and financial services sectors ended in the red with losses. All other sectoral indices witnessed a rise today and the first trading day of the week ended with losses in PSE, IT and pharma indices.

The market was up on Friday

Earlier on Friday, August 16, the Indian stock market witnessed a huge surge. The Sensex closed at 80,436, up 1,330 points. The Nifty also closed at 24,541, up nearly 400 points.