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The Indian stock market opened with a huge decline today i.e. Friday, July 19. Yesterday the market closed with a great rise. It reached an all-time high for the third consecutive trading day. During trading, the Sensex touched 81,587 and the Nifty touched 24,853. However, the Sensex is currently trading at 81,249, 100 points below its all-time high. At the same time, the Nifty is trading 40 points down at 24,760.
The market made an all-time high yesterday
Earlier yesterday, on July 18, the stock market had made an all-time high level for the second consecutive trading day. During trading, the Sensex touched 81,522 and the Nifty touched 24,829. However, later the market declined slightly and the Sensex closed 626 points higher at 81,343.
At the same time, Nifty recorded a jump of 187 points and closed at 24,800. Earlier on Tuesday also, the market had made an all-time high level. On Wednesday, i.e. 17 July, the market was closed due to Muharram holiday.
Sensex shares in early trade
Most of the major stocks declined in early trade. More than 20 stocks on the Sensex declined in the morning session. UltraTech Cement fell the most by 2 percent. Tata Steel fell by 1.5 percent, Tech Mahindra by 1.5 percent, JSW Steel by 1.30 percent and Power Grid Corporation by 1 percent. The market is also getting some support from IT stocks. Infosys rose by about 2.5 percent in the morning. Asian Paints also improved by 1.5 percent.