The domestic stock market made a flat opening on Monday. At 9.35 am, the BSE Sensex declined 16.42 points to 82,314.17 points. Similarly, the Nifty was trading at a level of 25,032.20 with a slight increase of 12.4 points. The Nifty Bank was at a level of 55440.45 with a gain of 85.55 points. In early trade, investors are eyeing shares like Amber Enterprises, Ashok Leyland, BHEL, Bharti Airtel, Coal India, delivery, Divis Labs, EGTrip, Emami, HUL, GSK Pharma, Dr Reddy’s.
Top gainer and top loser
In today’s early trade on BSE, graphite, Aventael, Delhevary, HEG and CPURN were the most profitable stocks, while protein, GAEL, BBL, Heritage Foods and CreditACC stocks were the most damaged.
The results of these companies will come today
On May 19, Power Grid Corporation of India, India Electronics, ACME Solar Holdings, CMS Info Systems, DLF, DOMS Industries, Gujarat Gas, HEG, IRB Infrastructure Developers, JK Paper, One Mobiqwick Systems, NLC India, Petret LNG, Figger, PAI Industries, Quads, P.I. Advanced Research Company and Zidas Wellness will have financial results.
Today’s trend in Asian Pacific Market
According to CNBC news, the Asia-Pacific markets declined on Monday. This weakness came because investors were assessing China’s latest economic figures and a decline in the US credit rating by Moody’s. On Friday, Moody’s Ratings reduced the American Sovereign Credit rating from AAA to AA1, declining the increasing challenges in federal budget deficit financing and increasing cost of loan refinance in high interest rate environment. Hang Kong’s Hong Seng index declined by 0.73%, while CSI of China declined by 0.48% in CSI 300.
Similarly, Japan’s benchmark Nikkei 225 declined by 0.54%, while the topics fell by 0.36%. South Korea’s Kopy declined by 0.47% and the small-cap cosack fell by 0.77%. Australia’s benchmark S&P/ASX 200 saw a decline of 0.15%.
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