look news india
Today, on Friday, 12th April, the movement of the Indian stock market is slow and the market has got off to a sluggish start. PSU Bank index is falling and due to this weakness in bank stocks is pulling the market down. Profit-booking is dominant in 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 showing enthusiasm and it is still falling.
How did the stock market begin?
Today, BSE Sensex opened 148.51 points or 0.20 per cent lower at 74,889 and NSE Nifty opened 76.40 points or 0.34 per cent lower at 22,677.
Nifty reached its all-time high on April 10
Earlier on April 10, Nifty had made all time high. It touched the level of 22,775 during trading. However, after this there was a slight decline in Nifty and closed at 22,753 with a gain of 111 points.
Sensex closed 354 points higher at 75,038. This was his all-time highest finish. Out of 30 Sensex stocks, 21 rose and 9 declined. Power, banking and IT stocks witnessed further gains today. Yesterday i.e. on 11th April the market was closed due to Eid holiday.