The Indian inventory markets opened on a subdued word these days, reflecting wide-based selling across sectors, besides vehicle shares. Weak cues from worldwide markets similarly intensified the promoting pressure.
Opening Bell Highlights
- BSE Sensex: Opened at 78,206, up 58 points from Wednesday’s near, however later declined using 300 factors to hit a low of 78,846.
Nifty 50: Started at 23,675, however fast became lower by using 82 points, touching a low of 23,608.
Market Snapshot
- Sensex Losers: Tata Motors, L&T, Zomato, Sun Pharma, Tata Steel, Power Grid, SBI, Bajaj Finance, and ICICI Bank had been most of the pinnacle losers.
Sensex Gainers: Kotak Bank, M&M, Infosys, Asian Paints, ITC, Bharti Airtel, Nestle India, and HUL gained up to at least 1.5%.
Nifty 50 Overview: Only 9 shares superior, at the same time as 40 shares faced losses.
Broader Market Performance
- Nifty MidCap Index: Down 0.28%
Nifty SmallCap Index: Down 0.06%
Sectoral Indices
Positive Performers:
- Nifty FMCG Index: Up 0.1%
Nifty Media Index: Up 1%
Underperformers:
- Nifty Realty Index: Down 1.4%
Nifty Metal Index: Down 1.5%
Nifty Bank Index: Down 1.3%
Primary Market Update
IPO Allotments:
Standard Glass Lining IPO and Indobell Insulation IPO allotments could be finalized today.
Closing for Subscription:
- Quadrant Future Tek IPO and Capital Infra Trust IPO.
SME Segment: Avax Apparel IPO, Delta Autocorp IPO, and BR Goyal Infrastructure IPO.
Listings:
- Parmeshwar Metal IPO (SME) and Davin Sons IPO (SME) will debut within the markets nowadays.
Disclaimer:
The records furnished in this article are for informational functions and do not represent financial or investment recommendations. Market investments are a problem with risks, which include a lack of fundamentals. Please talk with a certified economic consultant earlier than making any funding choices. Neither the writer nor the platform is liable for any losses incurred based on the facts offered.
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