Opening Bell: Nifty slips below 17,600,Sensex at 58561.40
Published On: Tuesday, April 12, 2022 | By: Team KnowMyStock
Indian equity benchmarks started on a weak note ahead of Jan-March earnings due this week and amid an overall negative trend across global markets. Also ahead of US inflation data and ECP meeting, even as TCS q4 results came on expected lines on Monday. SGX Nifty Futures index was trading lower by more than 170 points on the Singaporean exchange ahead of the domestic market opening. Benchmark indices were trading lower with the Nifty around 17500 dragged by metal, IT, realty, and capital goods stocks. while the Sensex dropped more than 300 points About 831 shares have advanced, 2115 shares declined, and 91 shares are unchanged. Following benchmarks, Nifty midcap and small-cap indices too opened marginally lower in the red.Maruti Suzuki, Divis Lab, HCL Tech, Cipla, Tata Consultancy Services, Kotak Bank, Apollo Hospitals, ONGC, and HDFC were the top gainers in the Nifty pack. Hindalco, Tata Motors, Tata Steels, BPCL, Wipro, UPL, Bajaj Finserv, Tech Mahindra, Infosys, and JSW Steel
were among the laggards in opening deals.
"Market will continue to be choppy in the near- term pulled up and down by positive and negative news. The near-term headwind continues to be the rising US bond yields, which has crossed 2.8 percent for the 10-year and outflows from equity," said V K Vijayakumar,
Tags: opening Bell Market open Nifty Sensex down losses
We are on Telegram!
JOIN our telegram channel to receive updates on Financial News and Stock and FNO Tips.
Click Here!
Follow Us On:
