Stock Market: On
Thursday after a day's gain, Indian shares open with the basket weakness.
After the afternoon recovery, the domestic stock market has
again reached the red mark. The decline in heavyweight HDFC, Kotak Bank, HDFC
Bank, Reliance Industries, Vedanta, L & T stocks has increased the Sensex
and Nifty weakness. On the other hand, falling sales from banking, financial
services, media, metal, a private bank and realty stocks are getting deeper. At
the moment, the Sensex is trading at 0.22 percent and the Nifty is 0.22 percent
rolling down.
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Midcap and smallcap stocks are also showing weakness with
large-cap. The BSE mid-cap index was 0.14 percent, while the Nifty Midcap 100
Index was 0.34 percent broken. However, BSE's Smallcap index is showing a
growth of 0.11 percent.
The pressure in
Banking, Metal, FMCG and Realty Index
Nifty banking, metal, FMCG, and realty are showing pressure
on the sectoral index. The Bank Nifty is down 0.78 percent and is trading at
27,840.40. In FMCG Index, 0.22 percent, Financial Services 0.71 percent, Metal
index 1.67 percent, Media index 0.84 percent and Realty Index declined 1.05
percent. However, the IT and Pharma index are getting an edge.
What stocks fall, a
boom in
During the business, Kotak Bank, Reliance Industries, HDFC,
HDFC Bank, ICICI Bank, ITC, and Vedanta have slipped from 3.35 percent to 0.28
percent. However, Sun Pharma, Infosys, Powergrid, Axis Bank, M & M, Asian
Paints, Bharti Airtel have increased from 0.41 to 0.94%.
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