The index has recovered the entire loss in the year 2020. It closed at 41,306.02 on January 1, 2020. However according to analysts, further market volatility will continue. Hence investors should be cautious.
State of heavy stock
Talking about the big stocks, today Titan, Itcher Motors, Doc Reddy, Sun Pharma, M&M, Hindustan Univiver, Grasim, Reliance and Asian Paints started at a rapid pace. Shares of L&T, SBI, Hindalco, ICICI Bank, Kotak Bank, IndusInd Bank, HDFC and Axis Bank opened on the red mark.
Monitoring of sectoral index
If you look at the sectoral index, today, apart from realty, auto, pharma and FMCG, all sectors opened on the red mark. These include finance services, banks, private banks, PSU banks, IT, metals and media.
This was the condition of the stock market during the pre open
During the pre-open, the Sensex was down 95.12 points, or 0.22 per cent, at 43262.07 at 9.02 am. The Nifty was down 40.40 points, or 0.32 per cent, at 12650.40.
The market had closed on the red mark on the previous trading day
The stock market closed down on the previous trading day. The Sensex fell 236.48 points, or 0.54 per cent, to close at 43,357.19. The NSE Nifty fell 58.35 points, or 0.46 per cent, to close at 12,690.80.
Market was open on Thursday on decline
The stock market ended on Thursday and it opened on the red mark. The Sensex was trading at a level of 43447.35, down 146.32 points (0.34 per cent). Talking about the Nifty, it was at 12714.70 with a drop of 34.50 points (0.27 per cent).