Share Market: Sensex drops 200 points, weakness in Nifty, many veteran shares fell

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Photo: PTI People watching the stock market updates on the display outside the Bombay Stock Exchange (BSE) building in Mumbai.

On the first trading day of the week i.e. Monday, the domestic stock market started with weakness. The BSE Sensex was traded at 9.22 am between the softening of global signals and the vigilance of investors at 9.22 am, trading at a level of 82,294.32 at 9.22 am. Similarly, NSE Nifty was also trading at the level of 25,092.15, declining 57.70 points. Selling pressure was seen in the market. Investors’ eyes are now on the major economic data and global developments.

Which stock has a big upset

In the initial session of business, except for electricity, oil and gas, PSU bank, all other regional indices have been seen trading in red mark. IT and media recorded a decline of 0.5–0.5 percent. In addition, the Nifty recorded an increase in shares of Sun Pharma, SBI Life Insurance, Apollo Hospitals, Power Grid Corp, Titan Company, while Infosys, Tech Mahindra, Bajaj Finance, Bharat Electronics and Tata Motors shares declined. BSE midcap and smallcap index are doing flat business.

These companies will have quarterly results

According to the news of Moneycontrol, HCL Technologies, Ola Electric Mobility, Tata Technologies, Tejas Network, Nelco, Ralis India, Autham Investment, Dane Network, Kesoram Industries and Sambhav Steel Tubes will release their quarterly results today.

BSE midcap and smallcap index are doing flat business.

Image source: bse

BSE midcap and smallcap index are doing flat business.

Today’s trend in Asian market

The Asian market witnessed a mixed trend on Monday as investors reacted to 30 percent of tariffs on the European Union and Mexico by US President Donald Trump over the weekend. Japan’s Nikkei fell 225 percent 0.33 percent, while the broad topics index fell down 0.21 percent. Similarly, in South Korea, Kospi increased by 0.22 percent and Small-Cap Kosdack increased by 0.19 percent. Meanwhile, Australia’s S&P/ASX 200 index fell 0.1 percent. Meanwhile, Hong Kong’s Hang Seng index remained unchanged on Monday, 14 July.

On the other hand, the US dollar index is back to the level of 98. Brent crude is trading above $ 70 per barrel and gold prices have returned close to $ 3,400 an ounce.

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