Stock Market Opening: Negative signals are continuing for the stock market today and the domestic stock markets are open with great weakness on the first trading day of the week. Today, in the pre-opening itself, the Sensex had broken more than 700 points in the stock market and the Sensex-Nifty were trading on a decline of more than 1-1 percent. Today all the Asian markets were trading in the red mark and trading was slow in Shanghai, Nikkei, Hang Seng and Strait Times.
how open market
In today’s trade, the BSE 30-share index Sensex opened at 57,525 with a fall of 573.89 points, or 0.99 percent. The NSE Sensex has opened at 17,156 with a fall of 171.05 points or 0.99 per cent.
What do stock market experts have to say
share india Of Vice President Head of Research Dr Ravi Singh It says that today the Nifty is expected to open in the level of 17200-17250 for the market and the market can trade in the range of 17100-17400.
He says that the outlook for today is of a downtrend and there will be a strong trend in pharma, FMCG, IT, metal, auto and smallcap sectors. On the other hand, talking about the weak sectors, there will be a downward trend in PSU Bank, Media, Realty, Bank, Energy, Financial Services and Midcap stocks.
Trading strategy for today
When Nifty goes above 17500 buy– target 17580 stoploss 17450
When Nifty goes below 17200 sell-target 17120 stoploss 17250
Sensex-Nifty condition within 10 minutes of market opening
Out of 30 stocks in the Sensex, only 5 stocks are seeing a rise and 25 stocks are dominating the fall. Out of 50 stocks of NSE Nifty, only 7 stocks are trading with gains and the remaining 47 stocks are dominating the fall.
Today’s rising stocks
Today, the shares of HUL, Bajaj Finserv, Infosys, Nestle and Bharti Airtel are seeing a rise in the Sensex’s climbers. HUL is up 1.41 per cent and Bajaj Finserv is up 0.70 per cent.
Today’s falling stock
If we look at the falling stocks of Sensex today, Sun Pharma, HCL Tech, UltraTech Cement, Dr Reddy’s Labs, Kotak Mahindra Bank, HDFC, ITC, ICICI Bank, Tech Mahindra, Bajaj Finance, Reliance Industries, TCS, SBI, HDFC Bank, L&T , Titan, SBI, Axis Bank, NTPC, Wipro, IndusInd Bank, Maruti Suzuki, Tata Steel, M&M and PowerGrid are seeing a decline.
How was the market in the pre-open
Today, in the pre-opening of the market, NSE’s Nifty was seen at the level of 17133 with a big fall of 193 points or 1.12 percent. At the same time, the BSE Sensex was seen at the level of 57371 with a fall of 727 points or 1.25 percent.
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