Markets News

Indian stock market again opened in red with 51-point loss

The Indian stock market again opened in red. Trends on the SGX Nifty already indicated a negative opening of the indices with a 51-point loss on February 19.

Indian indices opened at a low level with Nifty opening at 15,100 levels amid fragile global cues.

The Sensex was under 222.82 points at 09:15 IST to open at 51,101.87 levels. Meanwhile, as expected, the Nifty also declined by 64.50 points or dropped by 0.43% to open at 15,054.50 levels.

So far, around 637 shares have progressed in the early morning session and 540 shares fell down.

Currently, there are around 82 shares remaining unchanged.

With such negative opening, many stocks including Asian Paint, Tech Mahindra and Maruti Suzuki among others opened in red.

However, Reliance, Hindustan Unilever, LT, M&M, HCL Tech, Sun Pharma and Bajaj Fin have gained in the opening session.

Trends on SGX Nifty indicated this fallout in at 07:30 hours IST where Nifty futures were trading at 15,064 levels on Singaporean Exchange.

S&P BSE Sensex was below 379.14 points to open at 51,324.69 levels in the last session on Thursday. On the other hand, the Nifty also fell down by 89.90 points to close the session at 15,119 levels.

Currently, the key support index is placed at 15,047.73 levels for Nifty which is followed by 14,976.47 levels.


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