Indian Stock Market Opens In Red On Global Cues After US Market Closes Down Sharply

Stock Market Opening On 19th January 2023: After two days of strong growth due to global cues, trading started with a decline in the Indian stock market in the trading session on Thursday. The BSE Sensex fell by 125 points to 60,920 and the National Stock Exchange’s Nifty opened by 32 points at 18,132 points.

condition of the sector

Only pharma sector stocks are booming in the market. But there is a decline in the shares of banking, IT, auto, FMCG, infra, energy real estate sector. Trading has started with a decline in midcap and smallcap stocks as well. Of the 30 Sensex stocks, 9 opened with gains and 21 with losses. Whereas, out of 50 stocks of Nifty, 18 stocks are trading with a boom and 32 with a decline.

climbing stocks

In today’s trading session HDFC Life 1.34%, Axis Bank 1.19%, Cipla 0.38%, IndusInd Bank 0.36%, UPL 0.33%, Asian Paints 0.29%, Sun Pharma 0.24%, BPCL 0.20%, ITC 0.19%, ONGC 0.17% Doing business at a brisk pace.

falling stocks

Adani Enterprises 2.15 per cent, Hindalco 1.90 per cent, Kotak Mahindra 1.34 per cent, Titan 1.05 per cent, Wipro 0.95 per cent, Larsen 0.92 per cent, UltraTech Cement 0.86 per cent, Infosys 0.83 per cent, Eicher Motors is trading with a decline of 0.81 per cent.

Fall in global market

The US stock market closed with a heavy fall in Wednesday’s trading session. The Dow Jones closed down by 1.81 percent and the Nasdaq by 1.24 percent. After which Asian markets are trading with a decline. Nikkei, Straight Times, Hangseng is trading with a decline.

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