Sensex opened at over 200 points in early trading on Thursday at 54,576.60, and the blue-chip Nifty 50 index also rose 27.40 points to open at 16,286.20. However, Sensex quickly cut its initial profit record and was in a negative territory despite the mixed global market trends.
The 30-share index then remained flat, dropping 8.33 points, or 0.02%, to 54,361.44. Similarly, the Nifty Bank Index, which rose more than 2.3% in the previous trading day, fell the most today, down 0.5%. Indian telecom operator Vodafone Idea fell 15% after the resignation of its non-executive chairman.
IndusInd Bank was also one of the biggest losers in the Sensex package, down about 2%, followed by Titan, Tata Steel, M&M, Bajaj Finance and SBI. On the other hand, Bharti Airtel, HCL Tech, Tech Mahindra and Kotak Bank are among the winners. The stock benchmark index hit a record high this week. The Sensex index broke the 54,000 point mark for the first time on Wednesday, and the broader NSE Nifty index also reached a historical peak of 16,246.85 points.
On Wednesday, 30 shares of Sensex closed at 54,369.77 after rising 546.41 points or 1.02%. It expanded its life cycle peak to 54,465.91 during the conference. According to the provisional exchange data, foreign institutional investors (FII) are net buyers in the capital market because they bought shares worth 2,828.57 crore on Wednesday. So far, the domestic stock market looks flat.
News agency PTI quoted financial experts as saying that the sharp rebound in the market in the past two trading days was not broad-based, and the sharp rebound in heavyweight financial stocks contributed to the rebound. Elsewhere in Asia, the Shanghai and Tokyo exchanges rose in intraday trading, while Hong Kong and Seoul were at a loss.
Wall Street stocks basically closed down in overnight trading. At the same time, the international oil benchmark Brent crude oil rose 0.38% to US$70.65 per barrel.
News Sou
