The domestic stock market opened in red mark on Wednesday. In the initial session, the BSE Sensex was trading at 90.88 points at 82,480.03 at the initial session at 82,480.03. Similarly, the Nifty also weakened 35.15 points to trading at the level of 25,160.65. In the initial season, BSE midcap and smallcap index are trading with an edge. Auto and metal index below 0.5–0.5 percent, while media index appeared above 1 percent.
Top gainer and top loser stocks
The shares of SBI Life Insurance, Trent, Tech Mahindra, Hero MotoCorp, Tata Consumer climbed the Nifty the most, while Shriram Finance, Cipla, Hindalco, Reliance Industries and TCS shares were damaged.
Rupee condition today
According to PTI news, the rupee fell by 22 paise to 85.98 against the US dollar in early trade on Wednesday. This decline is a sign of recession in the economy. However, according to foreign exchange traders, FPI investment reduced the drastically decline in local currency. In the Interbank Forex Exchange Market, the rupee opened at 86.02 against the dollar and then reached 85.98, which is 22 paise less than the previous closed price.
How was the start of Asian markets
As the Asia-Pacific markets were mixed with Indonesia’s arrival at an initial trade agreement with Indonesia on Tuesday, including a provision of imposing 19% tariffs on the exports to the US from Indonesia after the announcement of US President Donald Trump on Tuesday. Indonesia’s central bank was going to issue its policy decision later today.
The Asian markets started day trading with a decline. According to CNBC news, Japan’s benchmark Nikkei remained stable on 225 opening, while the topics fell 0.11% by 8.04 am (8.04 pm on Tuesday evening). South Korea’s cospy was 0.5% and small-cap Kosdack below 0.56%. Australia’s S&P/ASX 200 fell 0.82%.
17 companies will release quarterly results
Today is a special day for the quarterly results of many companies, as 17 companies are going to declare the results of the first quarter of FY 2026. These include Tech Mahindra, ITC Hotels, LT Technology Services and Angel One prominent names. There are also other companies including Kalpataru Projects, IXIGO (Le Travenuse Technology).
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