The stock market update indicates that both indices had opened at their all-time highs in the previous session. However, today they opened with a slight decline. Due to the monthly derivatives expiry, investors preferred to remain on the sidelines. Amidst the ongoing market sluggishness, the rupee opened with a gain of 10 paise against the dollar.
PTI, New Delhi: During Tuesday’s trading session, both stock indices touched their all-time highs. For the first time, the Sensex crossed the 85,000 mark. However, today both the Sensex and Nifty opened with slight declines, attributed to investors holding back due to the monthly derivatives expiry.
In early trading, the BSE Sensex fell by 171 points to reach 84,743.04, while the NSE Nifty dropped by 48.7 points to 25,891.70.
Top Gainer Stocks Today
In the Sensex, Tech Mahindra, Asian Paints, HCL Technologies, Nestle, Adani Ports, Infosys, Tata Motors, and State Bank of India were trading with declines. On the other hand, Power Grid, Mahindra & Mahindra, HDFC Bank, and Maruti were trading with gains.
Global Market Update
Among Asian markets, Seoul was trading lower, while Tokyo, Shanghai, and Hong Kong were in positive territory. On Tuesday, U.S. markets closed with gains.
The rupee has strengthened
In the interbank foreign exchange market, the Indian currency opened at 83.59 against the dollar and then reached 83.54, marking an increase of 10 paise compared to the previous close. On Tuesday, the rupee closed at 83.63, down by 9 paise against the US currency.