The Indian stock market opened flat in Wednesday’s buying and selling session. At 9:21 am, Sensex was down by 6 factors at 74,553 and Nifty was at 23,390 with a slight rise of 10 factors. There was mixed buying and selling in the market in the preliminary commerce. There was an increase in steel and protection shares. Nifty Metal and Nifty India Defense had been the highest gainers. Nifty FFCG, Nifty Oil & Gas, Nifty Pharma, Nifty Commodities, Nifty PSE, Nifty Healthcare and Nifty Energy had been the gainers. Whereas, Nifty IT, Nifty Services and Nifty PSU Bank had been losers.
Asian Paints, Adani Ports, Tata Steel, BEL, Kotak Mahindra, L&T, ITC, Sun Pharma, Trent, Bajaj Finserv, Maruti Suzuki, TCS, HCL Tech, Bharti Airtel and Tech Mahindra had been the highest gainers in the Sensex pack. Power Grid, Bajaj Finance, Eternal, NTPC, Infosys, SBI, Axis Bank, ICICI Bank and M&M had been the highest losers. Midcap and smallcap had been buying and selling briskly. The Nifty Midcap 100 index was up 228 factors or 0.38 per cent at 59,932 and the Nifty Smallcap 100 index was at 18,015, up 76 factors or 0.43 per cent.
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Most of the Asian markets are witnessing an increase. Tokyo, Hong Kong, Seoul, Bangkok and Shanghai had been in the inexperienced. Jakarta was in the pink. American stock markets closed mixed on Tuesday. During this era, Dow Jones closed with an increase of 0.11 p.c and Nasdaq closed with a fall of 0.71 p.c. Foreign institutional buyers (FIIs) stay web sellers. FIIs bought equities value Rs 1,959.39 crore on Tuesday. At the identical time, home institutional buyers (DIIs) invested Rs 7,990.32 crore. Weakness is being seen in crude oil. Till the time of writing the information, WTI crude on Comex was down by 1.16 p.c at $ 100.99 per barrel and Brent crude was down by 1.15 p.c at $ 106.53 per barrel.
Image Credit: ANI