Share market’s slow start, Sensex Nifty slips

Share Market Opening: Amidst US inflation data and sluggish signals from the global market, GIFT Nifty is seen slipping 149 to below 22700. Meanwhile, both the Indian stock market indices Sensex and Nifty have fallen drastically in pre-opening. At 9.20 am, the Sensex was trading at 74,869.16, down 0.23 percent or 168.99 points. Whereas, Nifty is seen falling by 0.23 percent i.e. 51.65 points at 22,702.15. Today, stocks of 2874 companies are currently trading in the market. In this, a rise is being seen in the stocks of 1577 companies. Whereas, the stocks of 1135 companies have been marked red. There is no change in the share prices of 162 companies. However, in the meantime there was a strong rise in dollar and bond yields.

How is trading on Sensex and Nifty?

On the 30-share Sensex, the stocks of only six companies have green mark. Whereas, stocks of 24 companies are trading in losses. Mixed trading is being seen on Nifty. Nifty Bank is down 129 points. Whereas, FMCG is trading down by 175 points and Pharma Sector by 101 points. Slight growth is being seen in Auto, IT, Consumer Durable and Oil and Gas. Stocks of NTPC, L&T, Tata Motors, Bajaj Auto and TCS have been included among the top gainers on Nifty. Whereas, stocks of Sun Pharma, Maruti, JSW Steel, Grasim, Asian Paints and Shriram Finance were included in the category of top losers.

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