Stock Market: After ₹ 1300000 crore in two days, the market started flat today, Sensex is trading with a green mark
The decline in the Indian stock market has been going on for the past few days. The stock market is falling due to continuous selling. However, when the market opened on Thursday, November 14, the Sensex stopped the decline. The market opened with a green mark.
Share Market Latest Update: The decline in the Indian stock market has been going on for the past few days. The stock market is falling due to continuous selling. However, when the market opened on Thursday, November 14, the Sensex stopped the decline. The market opened with a green mark. The market opened flat on Thursday after losing 13 lakh crore in the last two trading days.
The state of the market today
The Indian stock market opened in a limited range on Thursday. In the early business, buying was seen in IT, PSU bank, financial services and pharma sector. In early trade, the Sensex was trading 37.29 points or 0.05 per cent higher at 77,728.24 after gaining 37.29 points or 0.05 per cent in early trade, while the Nifty was marginally higher at 23,562.05. As of 10.30 pm, the Sensex is trading at 77,828.27 with a gain of +137.32 +0.18 %.
Rs 13 lakh crore lost in two days, positive trend today
Due to the continuous decline in the market in the last two days, investors have suffered big losses. The market cap of companies listed on the Bombay Stock Exchange has decreased by 13 lakh crore. The market has been declining for the last one and a half months. The market trend remains positive. On NSE, 1,486 stocks are trading in green, while 803 shares are trading in the red. Nifty Bank is trading 297.55 points, or 0.59 per cent, higher at 50,385.90. The Nifty Midcap 100 Index is trading at 54,062.80 level after climbing 261.95 points or 0.49 percent. At the same time, the Nifty Smallcap 100 index climbed 114.35 points or 0.66 percent to 17,573.25.
Today's Heroes and Zero Shares
HCL Tech, Asian Paints, NTPC, IndusInd Bank, SBI, HDFC Bank and Tech Mahindra were the top gainers in the Sensex pack. On the other hand, UltraTech Cement, Power Grid, Axis Bank, Hindustan Unilever, Maruti and M&M were the top losers. According to market experts, there is a period of improvement in the market. At the same time, the huge liquidity available with DIIs could fuel this surge. However, this bounce cannot be sustained. Such a bounce is unlikely to continue as fundamentals are unfavourable. The Trump factor has already led to several major changes in the markets. The dollar index is strong and rising.
The state of the global market
Talking about Asian markets, except for Seoul and Tokyo, markets in Jakarta, Shanghai, Bangkok and Hong Kong are trading on the red mark. At the same time, the US stock market closed on the green mark on the previous trading day. Foreign institutional investors (FIIs) sold equities worth Rs 2,502 crore on November 13, while domestic institutional investors bought equities worth Rs 6,145 crore on the same day.