Mumbai. The Indian stock market is under pressure today after two days of gains and the business started with a decline. The effect of selling in the global market was also visible on the sentiment of domestic investors on Wednesday morning and they started booking profits as soon as the market opened. Due to this, the Sensex and Nifty started showing a decline.
The Sensex opened 144 points lower at 60,835 this morning and opened trading, while the Nifty opened 25 points lower at 18,093 and started trading. Selling dominated investors from the beginning today and they started booking profits in tech and banking companies. Due to continuous selling, the Sensex started trading at 60,734 at 9.37 am, falling 245 points, while the Nifty fell 89 points to 18,030.
Today’s Top Gainers and Losers Who
are the investors who placed bets on companies like Tata Motors, Cipla, Bajaj Auto, Grasim Industries and Maruti Suzuki from the beginning and with continuous buying, the stocks of these companies came in the list of top gainers. On the other hand, stocks of companies like Adani Enterprises, HCL Technologies, Adani Ports, Larsen Toubro and IndusInd Bank saw a sharp selloff, making these stocks among the top losers.
Which sector gave rise
If today’s business is seen sector-wise, then only Nifty Auto and Metal are showing a boom. Auto is up by 0.09 per cent and metal by 0.14 per cent. On the other hand, the PSU sector has lost 1.15 percent, while banking and pharma are also showing a decline of 0.75 percent. In today’s trade, there is a loss of 0.7 per cent and 0.4 per cent on BSE Midcap and Smallcap also.
Today, some Asian markets are down, while many are trading on the edge. The Singapore Stock Exchange is trading at a loss of 0.67 per cent this morning, while Japan’s Nikkei is up 0.45 per cent. Taiwan’s market is also up by 0.04 per cent, while South Korea’s Cospi has gained 1.29 per cent.