Sensex and Nifty in red mark amid global prerssure

After the first hour of trading, among the big stocks of the stock market, shares of Coal India, Dr. Reddy's Laboratories, Maruti Suzuki, UPL and State Bank of India were trading with a strength of 1.72 percent to 0.68 percent. On the other hand, shares of Tata Consumer Products, UltraTech Cement, Sun Pharmaceuticals, Nestle and NTPC were seen trading with a fall of 2.38 per cent to 0.69 per cent.

In the current trading, there was active trading in 1,934 shares in the stock market. Out of these, 1,297 stocks were trading in the green mark by making profits, while 637 stocks were trading in the red mark by taking losses. Similarly, out of 30 stocks included in the Sensex, 9 stocks remained in the green mark with the support of buying. On the other hand, 21 stocks were trading in the red under selling pressure. While out of 50 stocks included in Nifty, 18 stocks were seen trading in green mark and 32 stocks in red mark.

Like the Sensex, the NSE Nifty started trading today at a level of 19,598.65 points down by 12.40 points. As soon as the market opened, the Nifty also fell under selling pressure and reached the level of 19,550.05 points. However, on getting the support of buying, this index jumped for some time and also came in the green mark. But after this, due to the formation of selling pressure, it again dived into the red mark. Nifty was trading at a level of 19,596.40 points with a weakness of 14.65 points at 10:15 am after the initial 1-hour trading between continuous buying and selling in the market.

The domestic stock market started mixed trading in the pre-opening session today amid weak global cues. In this session, the BSE Sensex was at the level of 65,806.27 points with a weakness of 74.25 points, or 0.11 percent. At the same time, the Nifty had reached the level of 19,659.20 points with a gain of 48.20 points, or 0.25 percent, in the pre-opening session.

Prior to this, on Wednesday, the Sensex gained 100.26 points, or 0.15 percent, to close at 65,880.52 on the previous trading day. On the other hand, the Nifty ended Wednesday's trading at 19,611.05 points, up 36.15 points, or 0.18 percent.