Indian Stock Market Opens IN Green Bank NIFty Rises Again Due To Banking Stocks

Stock Market Opening On 20th January 2023: On the last trading day of the week, the Indian stock market opened with a slight increase. Due to the boom in the Asian markets, this boom is taking place in the market. Although the US markets closed with a fall. The BSE Sensex opened at 60,903 with a gain of 45 points, while the National Stock Exchange’s Nifty opened at 18,115 points with a gain of 8 points. But since opening, ups and downs are being seen in the market. Sometimes the market is trading in green and sometimes in red mark.

condition of the sector

In today’s trading session, there is a boom in the stocks of Banking, IT, PSU Bank, Metals, Energy sector. While there is a decline in the stocks of consumer durables, healthcare, FMCG, auto and pharma sectors. There is also a boom in midcap and smallcap. Out of 30 stocks of Sensex, 18 stocks are trading fast while 12 stocks are down. Out of 50 stocks of Nifty, 22 stocks opened with a boom while 28 stocks declined. There is a big decline in the share of HUL in the FMCG sector. Actually the company has increased the royalty given to Unilever due to which there is pressure on the market.

condition of global market

The US stock market declined on Thursday and the Nasdaq and Dow Jones closed down. At the same time, Asian markets are trading with a boom on Friday morning. Nikkei, Straight Times, Hangseng, Taiwan and Kospi are trading fast.