In the first few minutes after the strong start, both the major indices lost almost all the lead.
At the same time, the rupee has slipped to the new all-time low of 71.28 against the dollar. In the initial business, there is a weakness in bank shares, while shopping in IT stocks.
Meanwhile, the BSE Sensex opened at 38,460.96 compared to the previous closed level of 38,312.52. At 9.20 am, the Sensex rose by 29.79 points, or 0.08%, to 38,342.31. At the same time, NSE’s Nifty is running at 11,598.75 against the last closed level of 11,582.35 and is moving at flat at 11,583.30.
Meanwhile, there is a mixed trend in the small-medium market. The BSE Midcap dropped by 0.04% and the BSE Smallcap increased by 0.10%. While the Nifty Mid 100 is down 0.07% and the Nifty Small 100 is in the flat position. At present, 18 out of 50 Nifty and 13 of the top 31 Sensex stocks are in strong positions.
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