Global markets are showing a decline after the results of the US Federal Reserve announced last night. Its effect is also visible on the Indian stock market today. Sensex and Nifty started with weakness today. The Sensex opened down 99.29 points or 0.16% at 63,129.22 and the Nifty opened down 17.10 points or 0.09% at 18,738.80. Today around 1312 scrips advanced, 678 scrips declined and 104 scrips remained unchanged. Out of 30 stocks included in the Sensex, 17 stocks are trading on the red mark today.
Nestle, Hindustan Lever, Sun Pharma, Ultratech, Asian Paints, ITC, Maruti, Titan, HCL and Tata Steel are the only ones in the green on the Sensex in today’s trade. At the same time, the decline in IndusInd Bank and Infosys has been recorded more than 1 percent. Apart from this, Bajaj Finserv, Mahindra and Reliance are also trading with weakness.
Talking about Wednesday’s market, the 30-share BSE Sensex climbed 85.35 points, or 0.14 percent, to close at 63,228.51. It touched a high of 63,274.03 and a low of 63,013.51 during the session. The National Stock Exchange’s Nifty also closed at 18,755.90 points, up 39.75 points, or 0.21 percent. Tata Steel was the top gainer in the Sensex with a gain of 2.39 per cent.
Mixed business in foreign markets
Last night’s US Fed results had a mixed effect on the market. Talking about American markets, Dow Jones closed down by 232 points. Whereas Nasdaq gained 53 points. Talking about Asian markets, apart from Nikkei, Hangsang, Taiwan’s markets are trading on the green mark today. Whereas Korea’s Kospi is on the red mark. Although the Shanghai markets are still trading flat.
