Wednesday, November 13, 2024
HomeBusinessRate cut did not show much effect, market is trading flat - Top News Bulletin

Rate cut did not show much effect, market is trading flat – Top News Bulletin


Indian The stock market opened with a slight gain on Friday, the last trading day of the week, but a decline was seen in the initial trading. Bombay Stock Exchange index Sensex opened today with a gain of 70 points at 79,611. In early trade it was seen trading at 79,412, down 0.17 per cent or 132 points. Out of 30 shares of Sensex pack, 11 shares were seen trading on the green mark and 19 shares were seen trading on the red mark. At the same time, the National Stock Exchange index Nifty was seen trading at 24,136 points with a decline of 0.26 percent or 63 points. Out of 50 shares of Nifty pack, 16 shares were on green mark and 34 shares were on red mark.

There was a decline in these shares

Among the Nifty pack shares, the biggest decline was seen in BPCL (1.59 per cent), Coal India (1.58 per cent), Reliance (1.58 per cent), Tata Motors (1.52 per cent) and ICICI Bank (1.21 per cent). Apart from this, a rise of 1.47 percent was seen in Infosys, 1.14 percent in Apollo Hospital, 1.12 percent in Hindalco, 1.04 percent in Wipro and 0.80 percent in Tech Mahindra.

Situation of sectoral indices

Talking about sectoral indices, the maximum decline was seen in Nifty Oil & Gas by 1.09 percent. Apart from this, a decline of 0.47 percent was seen in Nifty PSU Bank, 0.77 percent in Nifty Media, 0.08 percent in Nifty Bank and 0.25 percent in Nifty Auto. Apart from this, 0.03 percent in Nifty Financial Services, 0.07 percent in Nifty FMCG, 1.09 percent in Nifty IT, 0.55 percent in Nifty Metal, 0.33 percent in Nifty Pharma, 0.02 percent in Nifty Private Bank, 0.01 percent in Nifty Realty, Nifty Healthcare Index 0.47 percent, Nifty Consumer Durables saw a rise of 0.42 percent and Nifty Midsmall Healthcare saw a rise of 0.06 percent.

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Image Credit: India-Tv.

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