Stock Market Update: After the market opened with a fall in the morning, the market returned to the green mark due to buying and the Sensex again crossed the 60,000 mark. Sensex went up to 60,027 points. Earlier, after a spectacular rise in the first two trading sessions of the new year, the Indian stock market opened with a fall on Wednesday.
The index of the Mumbai Stock Exchange has started trading at 59815 with a fall of 40 points in the Sensex, while the Nifty of the National Stock Exchange has started trading at 17,800 points with 5 points. Indian stock markets saw a fall due to the fall in Asian stock markets and the US stock market on Tuesday. However, after a while, the shopping returned in the market. Sensex and Nifty returned to the green mark.
Due to the rise in banking stocks, the shares of Bank Nifty and Auto Sector are trading at a brisk pace. But there is a decline in the shares of small cap, mid cap, FMCG, energy, real estate sectors.
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Today Bajaj Finance is witnessing great growth in the market. Bajaj Finance 2.82 percent, IOC 1.67 percent, Bajaj Finserv 1.38 percent, UltraTech Cement 0.97 percent are trading with a rise.
There is a decline in the shares of the IT sector today. Due to which Tech Mahindra is trading with a fall of 2.26 percent, HCL Tech 2 percent, Infosys 1.60 percent and Wipro 1.74 percent. Apart from this, the shares of IRCTC, SRF, Piraval Enterprises, Bata India, Info Edge are also trading with a fall.
focus on stocks
On Wednesday, the shares of Bajaj Finance, Vodafone Idea, Airtel, GAIL, Bandhan Bank, DB Realty, Lakshmi Machine Works, Motherson Sumi will be watched during the trading session today.
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SGX Nifty downtrend
It was already predicted that the market would open with a fall. Because SGX Nifty was trading with a fall of 60 points.