Sensex and Nifty recover after big fall in early trade
New Delhi, 08 November (HS). There are continuous fluctuations in the domestic stock market during early trading today. Today’s trading started with a slight gain. As soon as the market opened, buyers and sellers started trying to dominate each other, due to which the movement of the stock market kept going up and down. After the first hour of trading, Sensex was trading with a gain of 0.03 percent and Nifty with a gain of 0.01 percent.
After the first one hour of trading, among the big stocks of the stock market, the shares of Tech Mahindra, Infosys, Wipro, Hindalco Industries and HCL Technology were trading with a strength of 1.73 percent to 0.92 percent. On the other hand, shares of Trent Limited, BPCL, Coal India, Dr Reddy’s Laboratories and ONGC were seen trading with a fall of 3.14 per cent to 1.19 per cent.
In the current trading, there was active trading in 2,335 shares in the stock market. Of these, 896 shares were trading in the green after earning profits, while 1,439 shares were trading in the red after incurring losses. Similarly, out of 30 shares included in Sensex, 19 shares remained in the green with the support of buying. On the other hand, 11 shares were trading in the red due to selling pressure. Whereas out of 50 shares included in Nifty, 30 shares were seen trading in green mark and 20 shares were seen trading in red mark.
BSE Sensex today opened with a gain of 70.11 points at the level of 79,611.90 points. As soon as the trading started, due to selling pressure, this index fell by more than 400 points to 79,117.37 points. However, as buying started after this, this index also jumped to 79,807.26 points. After the first hour of trading amid continuous buying and selling in the market, at 10:15 am the Sensex was trading at the level of 79,569.39 points with a slight gain of 27.60 points.
Like the Sensex, NSE’s Nifty started trading today at 24,207.70 points with a gain of 8.35 points. Due to selling pressure as soon as the market opened, this index fell by more than 130 points to 24,066.65 points. However, after getting buying support, this index made a spectacular recovery and succeeded in reaching 24,276.15 points with a gain of more than 75 points. But after this the index once again declined due to selling pressure. After the initial 1 hour of trading between continuous buying and selling in the market, at 10:15 am Nifty was trading at the level of 24,200.80 points with a nominal gain of 1.45 points.
Before this, on the last trading day on Thursday, the Sensex had closed at the level of 79,611.90 points with a fall of 836.34 points or 1.04 percent. At the same time, Nifty ended Thursday’s trading at the level of 24,199.35 points with a weakness of 284.70 points or 1.16 percent.
Hindustan News / Yogita Pathak