New Delhi, March 06 (HS): Pressure is seen in the domestic stock market during early trade today. As soon as the market opened, foreign investors put selling pressure, due to which the stock market movement declined. However, after the first half hour of trading, domestic institutional investors tried to put pressure on buying, due to which the stock market movement seemed to improve. After the first 1 hour of trading, Sensex was trading with a weakness of 0.06 percent and Nifty with 0.07 percent.
After the first 1 hour of trading, among the big stocks of the stock market, the shares of Asian Paints, BPCL, Shriram Finance, Tata Steel and Hindalco Industries were trading with strength ranging from 2.62 percent to 1.37 percent. On the other hand, shares of Trent Limited, SBI Life Insurance, Bharti Airtel, Infosys and HDFC Life were seen trading with a decline of 1.33 percent to 0.89 percent.
So far, active trading was taking place in 2,476 shares in the stock market. Out of these, 1,953 shares were trading in the green mark by making profits, while 523 shares were trading in the red mark by suffering losses. Similarly, out of the 30 stocks included in the Sensex, 16 stocks remained in the green mark with the support of buying. On the other hand, 14 stocks were trading in the red mark under the pressure of selling. While out of the 50 stocks included in the Nifty, 26 stocks were seen trading in the green mark and 24 stocks in the red mark.
The BSE Sensex opened today with a strength of 578.07 points at 74,308.30 points. As soon as the trading started, the bears created selling pressure, due to which the index lost all its gains and fell to 73,415.68 points in the red mark. However, after this the buyers tried to make a buying force, due to which the movement of this index was seen improving. After the first 1 hour of trading amid continuous buying and selling in the market, at 10:15 am, the Sensex was trading at 73,683.61 points with a decline of 46.62 points. Like the Sensex, NSE’s Nifty started trading today at a level of 22,476.35 points, jumping 139.05 points. Due to selling pressure as soon as the market opened, this index fell to 22,245.85 points in the red mark in the first half hour of trading. However, after this, the condition of this index improved marginally due to buying support. After the initial 1 hour of trading amid continuous buying and selling in the market, at 10:15 am, Nifty was trading at 22,321.55 points with a weakness of 15.75 points.
Earlier on the last trading day on Wednesday, the Sensex closed at 73,730.23 points with a strength of 740.30 points i.e. 1.01 percent. At the same time, Nifty ended Wednesday’s trading at 22,337.30 points with a jump of 254.65 points i.e. 1.15 percent.
Hindusthan Samachar / Jun Sarkar
