Share Market: Initial trading momentum slows, Sensex 300 and Nifty fall by 100 points

Feb 18 2020 04:23 PM
Share Market: Initial trading momentum slows, Sensex 300 and Nifty fall by 100 points

The stock market is witnessing a decline in initial trading on Tuesday. When we talk about SENSEX, the sensitive index of BSE, it has opened today with a slight decline. The Sensex is down about 13 points to open at 41,042.46 today. By the time of writing the news, it has gone up to a minimum of 40,778.56. The Nifty of the National Stock Exchange opened today at 12,028.25, down by 17.55 points, with the Nifty reaching 11,954.35 points at the time of writing the news. The Sensex was trading 231.91 points at 40,823.78 in early trade on Tuesday morning at 93.53 minutes and the Nifty was down by 73.30 points at 11,972.50. Shares of 6 companies were seen trading on green mark and shares of 44 companies on the red mark in Nifty-50.

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On Tuesday, ZEE ENTERTAINMENT ENTERPRISES, GAIL, KOTAK BANK, BAJAJ FINSERV, and MAHINDRA & MAHINDRA were the biggest gainers among the 50 stocks of Nifty of the National Stock Exchange on Tuesday. On Tuesday, among the companies in the Nifty 50, YES BANK, INFRATEL, INDUSIND BANK, VEDANTA LIMITED, and TATA MOTORS saw the biggest drop in initial trading today.

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Indian Rupee and Crude Oil
The Indian rupee opened today on Tuesday with a fall, along with it fell 11 paise to a dollar today at 71.40. It is being told that the rupee closed at 71.29 against a dollar on Monday. The rupee is also falling in early trade on Tuesday. Crude oil is being talked about, it is seen declining today. The futures of the same crude oil WTI was down by 0.82% on Tuesday morning at $ 51.89 per barrel and Brent oil futures was down by 1.14% or $ 0.66 at $ 57.01 per barrel.

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