Mumbai: The stock market opened in a red mark on Friday, the last trading day of the week after making two consecutive day highs. Bombay Stock Exchange (BSE) Sensex opened at 41,035.67 with a weakness of 95 points. At the same time, the National Stock Exchange (NSE) Nifty also lost 5 points and opened at 12,146.20. By 9.45 am, the Sensex rolled down to reach 40,937.
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The Indian market has also registered a decline due to poor international signals. The US has introduced a law supporting the ongoing protests in Hong Kong, raising concerns among investors that its negotiations on the trade war with China may derail. Due to this, the stock markets of many countries have been seen trading in red marks.
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The BSE has recorded a gain of about 395 shares and a fall in 276 stocks. Leading stocks include Yes Bank, Indiabulls Housing, GAIL, Zee Entertainment, Titan, Tech Mahindra, Ultratech Cement, while the weakest stocks include Tata Steel, Bharti Infratel, JSW Steel, ICICI Bank, HUL, L&T, and SBI. Apart from pharma, weakness is being seen in all other sectors. BSE Midcap and Smallcap are seen trading at a slight height.
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