Share Market: Stock market opens on green mark for second consecutive day; Sensex rises 151 points, Nifty crosses 23,807
New Delhi| Benchmark equity indices fell on Wednesday as Asian Paints and Reliance Industries fell heavily on gains in HDFC Bank, Infosys and NTPC. Investors appeared cautious ahead of the three-day monetary policy meeting of the Reserve Bank of India, which is scheduled to begin today, experts are expecting a decision to cut interest rates in the MPC meeting this time.
At 11:10 am, BSE Sensex was down 186.90 points or 0.24% at 78,396.91 and Nifty 50 was down 1.40 points or 0.01% at 23,737.85.
Earlier, the domestic stock market opened on the green mark for the second consecutive day. At the beginning of the Karobari session, Sensex opened 151.6 points higher at 78,735.41. At the same time, Nifty was seen trading at 23,807.30, up 68.05 points. Earlier on Tuesday, after starting on the green mark, major benchmark indices were seen trading strongly throughout the day. After Trump’s relief to Canada and Mexico, greenery returned to the domestic stock market.
Of the 30 Sensex-listed companies, shares of IndusInd Bank, Zomato, Tata Motors, Power Grid, NTPC and Infosys major are trading on the green mark. However, Asian Paints’ share fell by 4.51 percent. Shares of Nestle, Titan, Mahindra & Mahindra and Sun Pharma also remained in loss.
In Asian markets, South Korea’s Kospi was in profit, while Japan’s Nikkei and Hong Kong’s Hang Seng were in loss. Let us tell you that the American markets closed with a positive trend on Tuesday.
