Share Market Opening on 10 July: After making new high level records during the last week, the market has also started the new week well. Initial trends are indicating that today both the major domestic indices BSE Sensex and NSE Nifty may witness an uptrend.
fell on friday
Earlier on Friday, both the indices had closed in losses. After the end of trading, the 30-share BSE Sensex closed below 65,300 points with a loss of about 0.90 per cent. Similarly, the Nifty closed near 19,332 points with a fall of about 165 points. During the last week, both the Sensex and Nifty indices had made new record high levels.
condition of pre-open session
In the trading of the first day of the week, the domestic market started with gains in the pre-open session. Nifty futures in Gujarat’s Gift City were trading at a slight loss of around 0.07 per cent in the morning. And in the pre-open session, the Sensex was up by more than 200 points. Nifty was also showing a gain of about 70 points.
profit from startup business
When trading started in the market at 09:15 am, the BSE’s 30-share index Sensex had reached near 65,500 points with a gain of about 220 points. At the same time, Nifty was trading near 19,400 points with a gain of more than 60 points. Early trading trends are showing that the domestic stock market can show a boom even today.
US market pressure
A decline was seen in the American markets on Friday. The atmosphere in the market had turned negative after the employment figures for the month of June came out. Due to this, disappointment was seen in Wall Street. On Friday, the Nasdaq had declined by 0.13 percent and the S&P 500 by 0.29 percent. At the same time, the Dow Jones Industrial Average closed at a loss of 0.55 per cent.
Such a trend in Asian markets
Today on Monday, a mixed trend is visible in the Asian markets. Japan’s Nikkei index is down 0.87 per cent on the first day of the week, while the Topix index is down 0.61 per cent. Kospi of South Korea is in profit of 0.26, but Kosdaq is in loss of 0.36 percent. China’s Shanghai Composite is showing a gain of 0.38 percent and Hong Kong’s Hangseng is showing a gain of 1.57 percent.
Start of Sensex companies
Talking about the initial business, the shares of most of the Sensex companies are in profit. At 09:20 am, shares of 16 out of 30 Sensex companies were in the green zone, while shares of 14 companies started trading at a loss. In today’s early trade, shares like Nestle, HDFC Bank, Hindustan Unilever, Reliance Industries are on the rise. On the other hand, stocks like HCL Tech, Powergrid, Titan are in loss.
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