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The global signal for the market is weak. There is a decline in Asia. However today Japan's market is closed. SGX Nifty is trading below. The US market has broken down to 3 on Friday due to the government shutdown. Among the global emotions, the beginning of Indian markets has started with growth.
In the early trading, the Sensex and Nifty moves are looking dull. The Sensex is currently seen above 35,800. The nifty has come around 10765. Midday and smallcap stocks are also showing sluggishness along with giant stocks. The BSE mid-cap index is showing a weakness of 0.26 percent and is around 15,213.88 level. On the other hand, the smallcap index is showing a weakness of 0.14 percent, at 14,613.84.
Oil and gas shares are showing weakness in today's trade, which has seen BSE's oil and gas index falling 0.13 percent, at 13,637.39 levels. Today, PSU banks are showing more sales, which is why the bank is looking at the Nifty flat trick at 26871.05 levels. Auto, metal, and realty stocks are the most pressing today. While FMCG, IT and Pharma are giving good support to the stock market.
At the moment, BSE's 30-share index Sensex is trading close to 35825 level with an increase of about 85 points, which is 0.23 percent. On the other hand, NSE's 50-share index Nifty is trading around 10765 with 12 points, which is 0.12 percent higher.
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