Sluggishness in the Indian stock market, the market opened with a slight decline

Share Market News: After a spectacular rise on Monday, the market is showing sluggishness on Tuesday. In the morning, the Indian stock market has opened with a slight decline. Mumbai Stock Exchange’s index Sensex fell by 45 points to 60,499 and Nifty gained 0.50 points to open at 18069 points. With an increase of 115 shares, 464 shares are trading in the red mark. At the same time, there is no change in the price of 110 shares.

Bank Nifty is witnessing a great rally on the back of buying in banking sector stocks. On the other hand, stocks of auto, real estate and pharma sector are showing good growth. Selling is visible in the FMCG sector. The rising stocks include SBI, Tata Motors, Tata Power, M&M, Divi’s Lab, Hero Motocorp, Bajaj Auto. At the same time, after yesterday’s heavy fall, the stock of IndusInd Bank is showing a rise today. There is a decline in the shares of Britannia, Power Grid, HDFC, HDFC Bank and Power Grid.

There is a rise in the Mid Cap and Small Cap indices in the market. Midcap stocks like TVS Motors, Prestige Estate, Gujarat Gas, Polycab and Dixon Technologies are witnessing good growth. On the other hand, the shares of Reliance Industries, M&M and Britannia are going to be in focus.