Stock markets are trading down.
Mumbai:Both indices are trading down in the stock market on Tuesday morning. Sensex is down 68 points and Nifty is down 4 points. Sensex was trading at 62778 and Nifty was trading at 18594. In the Nifty 50, demand is being seen in 21 stocks and selling in 28 stocks has gained momentum. HCLTECH, ITC, ONGC, TATACONSUM, KOTAKBANK ARE AMONG THE STOCKS THAT ARE SEEING A BIG RISE IN THE NIFTY. AT THE SAME TIME, THE STOCKS THAT ARE SEEING A DECLINE INCLUDE SHARES OF HINDALCO, SBILIFE, NESTLEIND, DRREDDY, SBIN.
Let us know that the local stock markets continued to rise for the third consecutive trading session on Monday amid a positive trend in the US markets and continuous inflow of foreign funds. The 30-share BSE index ended 344.69 points or 0.55 per cent higher at 62,846.38. During the day, the 524-share index rose 31.0 points, or 83.63 per cent, to 026,<>.
Similarly, the broader NSE Nifty rose 99.30 points, or 0.54 per cent, to 18,598.65. The index has gained 1,072 points, or 1.8 per cent, in three trading sessions. At the same time, the Nifty has gained 313 points or two percent.
Mahindra & Mahindra was the top gainer in the Sensex pack, rising 3.71 per cent. The company's consolidated profit for the March quarter increased by 18 percent. At the same time, in 2022-23, the company has earned its highest annual profit of Rs 10,282 crore.
On the other hand, Titan, Tata Steel, HDFC, UltraTech Cement, SBI, ITC, IndusInd Bank, NTPC, HDFC Bank and Bajaj Finserv were among the gainers.
On the other hand, HCL Tech, PowerGrid, Maruti, Wipro, Tata Consultancy Services, ICICI Bank, Infosys, Tech Mahindra and HUL were among the laggards.