Sunday , December 29 2024

Sensex and Nifty fall in early trade

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New Delhi, 21 November (HS). There seems to be pressure in the domestic stock market during early trading today. Today’s business had a mixed start. Sensex opened with gains, while Nifty started trading with a decline. Due to selling pressure as soon as the market opened, both these indices fell victim to a sharp decline. Although after half an hour of trading, buyers tried to create buying pressure, due to which there was a slight improvement in the condition of the stock market, but both the indices continued to trade in the red. After the first hour of trading, Sensex was trading with a weakness of 0.77 percent and Nifty with a weakness of 0.88 percent.

After the initial one hour of trading, among the big stocks of the stock market, shares of Infosys, Hindalco Industries, Wipro, Trent Limited and TCS were trading with a strength of 0.73 percent to 0.61 percent. On the other hand, shares of Adani Enterprises, Adani Ports, State Bank of India, IndusInd Bank and Bharat Electronics were seen trading with a fall of 20 percent to 2.73 percent.

In the current trading, there was active trading in 2,343 shares in the stock market. Of these, 526 shares were trading in the green after earning profits, while 1,817 shares were trading in the red after incurring losses. Similarly, out of 30 shares included in Sensex, 9 shares remained in the green with the support of buying. On the other hand, 21 shares were trading in the red due to selling pressure. Whereas out of 50 shares included in Nifty, 10 shares were seen trading in green mark and 40 shares were seen trading in red mark.

BSE Sensex opened today at 77,711.11 points with a gain of 132.73 points. As soon as trading started, selling started in the market, due to which the index lost all its gains and plunged into the red. Due to continuous selling, this index fell to 76,802.73 points in the first half hour of trading. However, after this, buyers tried to create buying pressure, due to which there was a slight improvement in the movement of this index. After the first hour of trading amidst continuous buying and selling in the market, at 10:15 am the Sensex was trading at the level of 76,984.37 points with a fall of 594.01 points.

Unlike Sensex, NSE’s Nifty started trading today at 23,488.45 points with a weakness of 30.05 points. Due to selling pressure as soon as the market opened, this index fell to the level of 23,263.15 points in the first half hour of trading. After this fall, buyers started buying to support the market. Despite this, the selling pressure was so high that the index continued to trade in the red. After the first one hour of trading between continuous buying and selling in the market, at 10:15 am Nifty was trading at the level of 23,310.55 points with a fall of 207.95 points.

Before this, on the last trading day on Tuesday, the Sensex had closed at the level of 77,578.38 points with a gain of 239.37 points or 0.31 percent. At the same time, Nifty ended Tuesday’s trading at the level of 23,518.50 points with a rise of 64.70 points or 0.28 percent.