MUMBAI: The stock market began with a trading decline on Friday and the August series of Nifty saw a weakness. At the beginning of trading, the Sensex opened at 37779.93 with a decline of 51.05 points, while the Nifty began at 11242.30 with a decline of 9.90 points. It is estimated that the stock market will continue to fall for the seventh consecutive day today.
In the August series, the Nifty has reached below the level of 11,250. At the beginning of trading, around 312 stocks saw a firming and a decline of 384 shares. The main gainers include Biocon, South Indian Bank, Vedanta, Yes Bank, Indiabulls Housing, Bharti Infratel, Coal India shares, while JSW Steel, PVR, Bajaj Finance, Tata Motors, Bajaj Finserv, IOC, Infosys, etc. Includes.
All indices are showing a slight weakness. The midcap and smallcap index also has a softening trend. Crude oil prices have seen a drop on Friday. This is because the continuation of the US-China trade war could lead to a sluggish global economic growth rate. The stock market has been witnessing a steady decline for the past 6 days.