Know how the Markets opened today
Advertisement
Advertisement
The The Nifty was 8,515 points down 14 in initial trades. Losers were lead by Vedanta, Tata Steel and Infosys, while the gainers list included Asian Paints, Sun Pharma and Bajaj Auto that saw some buying action in early deals. The Advance-Decline Ratio on the Nifty stood at 18/30.
On the Bombay Stock Exchange, the
But the broader market was dominated by the bulls with 638 shares gaining ground compared with 455 that fell on the Bombay Stock Exchange.
The mood was bearish on the Futures and Options space with 72 Futures advancing compared with 87 that fell. Futures in the banking, metals and capital goods space were the top losers, while futures in the fertiliser and media space showed positive traction.
Advertisement
Bears consolidated their grip on companies that gave disappointing earnings after market closed yesterday. Hence, shares like Tata Sponge, Cairn India and Eicher Motors came under selling pressure.
(Image credit: Indiatimes)
Advertisement
- Luxury homes soar to 21 per cent market share; Affordable housing declines to 20 per cent in 5 years
- India poised to become world's third largest consumer market by 2026 outpacing Germany, Japan
- IPL's impact player rule implemented as test case, can be revisited: Jay Shah
- Indian smartphone market up 8%, 5G smartphones account for over 70% of shipments
- Manchester United named world’s most valuable football club! MLS dominates top 50 list - the Messi effect?