The collapse of international markets
The US market saw gains among various positive factors in the last session. However some indices were seen in decline. As a result, many Asian markets are in decline. Meanwhile, the Indian market is booming.
Outflow of investments
Among the many international factors, the inflow of foreign investment into the Indian market continues to rise. As on November 24, foreign investors had sold shares worth Rs 5,122.65 crore. The same domestic investors bought shares worth Rs 3,809.62 crore. This has prevented further decline in the market.
Indian Markets Launch
The pre-opening market today saw a slight uptick. The Sensex was up 66.47 points at 58,407.46 and the Nifty was up 88.70 points at 17,503.70.
This started with a slight decline in the beginning. In particular, the Sensex was down 94.53 points at 58,246.46 points, while the Nifty was down 18.50 points at 17,396.50 points. Following this, 1,216 shares increased, 516 shares declined and 84 shares remained unchanged.
Meanwhile, most of the indices on the Sensex and Nifty are red. However codes including BSE Small Cap, Nifty ID, BSE Tech, BSE Oil & Case, BSE Healthcare remain unchanged.
In particular, UPL, Reliance, Tech Mahindra, Kodak Mahindra, Infosys and other stocks in the Nifty index were the top gainers, as were ICICI Bank, IOC, NTPC, Coal India, Shri. Stocks including Cements are also top losers.
Shares of Reliance, Tech Mahindra, Kotak Mahindra, Infosys and Maruti Suzuki in the same Sensex were the top gainers, followed by ICICI Bank, NTPC, Asian Paints, HU, L, and others. Shares including Bajaj Pinserve are also top losers.
Current situation in the market
Meanwhile, the Sensex is down 34.18 points at 58,306.81 and the Nifty is down 12.20 points, or 17,402, at 9.47.
Today, stocks including Reliance, Tata Motors and Infosys are on the lookout.