Share Market: The market is trading in the green amidst ups and downs, the power index rises by 1%
Trading amid volatility in the stock market, power index rises.
Mumbai:
On Thursday, August 12, the day of weekly expiry, volatility is visible in the domestic stock markets. Amid mixed signals from global markets, shares of ITC, HDFC Bank, ICIC Bank, HDFC and Power Grid had a good opening in the market in the domestic markets, but its trading started flat. However, the market bounced again in the trading after 10 o’clock.
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Around 10.31 am, the Sensex was trading at the level of 54,706.84 with a jump of 180.91 points or 0.33%. At the same time, the Nifty was registering a jump of 50.80 points or 0.31% during this period and the index remained at 16,333.05.
If we talk about the opening, then today Nifty has opened above 16,300. Sensex opened at the level of 54,675.85 with a jump of 149.92 points i.e. 0.27%. On the other hand, Nifty opened at the level of 16,323.50 by 41.20 points i.e. 0.25%. In the opening, 1443 shares rose and 541 shares fell.
Power Grid has shown tremendous growth in the initial trade. The power index has registered a gain of one percent. Smallcap index is performing better than all other indices.
10 sectors of NSE were open in the green mark. The auto index had gained 0.6 per cent. Light buying was seen in Media, Metal, IT, PSU Banking and FMCG stocks. Nifty Bank, Financial, Pharma and Healthcare indices were among the losers.
Let us tell you that due to the fear of delta variants in the Asian markets, there was a negative trend.