Fluctuations in the stock market on the day of weekly expiry, weak start of Sensex-Nifty in early trade. Fluctuations in the stock market on the day of weekly expiry, Sensex-Nifty weak in early trade

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weekly expiry There is a possibility of ups and downs in the stock market today. After three consecutive days of growth, today the market is witnessing a decline. The BSE Sensex opened at 60,318.91, down 29.18 points. At the same time, the NSE Nifty has fallen 5.30 points to reach 17,749.10 points. INFY, KOTAKBANK, HINDUNILVR, SUNPHARMA, NESTLEIND, TITAN, SBIN, TECHM, HDFC and ITC are seen falling in Sensex. Whereas TATASTEEL, BHARTIARTL, LT, AXISBANK and HCLTECH are trading strongly. The effect of weakness in the global market is being seen on the Indian market. Weakness has been seen in the US, European and Asian markets.

Let us tell you that the BSE Sensex closed with a gain of 123 points in the third consecutive trading session on Wednesday. The Sensex closed at 60,348.09, up 123.63 points or 0.21 per cent. The NSE Nifty closed at 17,754.40, up 42.95 points or 0.24 per cent. Vinod Nair, Head of Research, Geojit Financial Services, said that global markets have come under pressure after US Federal Reserve Chairman Jerome Powell’s comment on interest rates hike. Kunal Shah, Senior Analyst, LKP Securities, said that despite the negative global sentiment, Indian stock markets saw a sharp rally from lower levels. He added that as long as the Nifty sees support near 17,500 levels on the downside, the market will continue to be bought.

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