Opening bell: Equity indices open lower amid negative global cues

Opening bell: Equity indices open lower amid negative global cues

by 5paisa Research Team Last Updated: Apr 22, 2022 - 10:11 am 30.3k Views
Listen icon

On a sectoral basis only Power, Information Technologies, and Telecom are in green.

Asian stocks were trading lower on Friday as investors watched for market reaction to overnight remarks from US Federal Reserve Chairman Jerome Powell.

The BSE Sensex plummeted by 515 points and is trading at 57,396.18 levels. BSE MidCap also moved downwards by 50 points and is trading at 24,823.72, while SmallCap has climbed by 35 points and is trading at 29,393.75 levels. The stocks trading in green on the BSE Sensex are HCL Technologies, Tech Mahindra, Power Grid Corporation of India, Bharti Airtel, and Tata Steel.

The Nifty 50 index after ending in green yesterday opened in red today down by 158 points and is now trading at 17,234.05 levels. Bank Nifty declined by 488 points and is trading at 36,327.30 levels. The gainers on Nifty 50 are HCL Technologies, Adani Ports, Tech Mahindra, ONGC, and Bharti Airtel.

The market outlook is positive as out of 2,934 stocks traded, the 1420 stocks advanced and 1,403 stocks have declined in the morning session, while 138 stocks are locked up in upper circuit and 75 are locked in the lower circuit today. There are 115 stocks that are trading at 52-week high and there are only 8 stocks that are trading at 52-week low.

Share Market Today


How do you rate this article?

or

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

378X91-D3

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.


Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Flair Writing Products IPO Lists at 64.8% premium, ends at lower circuit

Strong listing for Flair Writing Products IPO, then hits lower circuit

Revving Up: Catch the Exciting November 2023 Auto Sales Highlights!

Escorts Kubota Ltd. witnessed a 4% increase in its total dispatches to dealerships, reaching 8,258 units, reflecting a 3.7% YoY growth. The rise in total dispatches to dealerships for Escorts Kubota Ltd.

Dixon Technologies to Manufacture Xiaomi Phones at Noida Plant

In a transformative move to enhance local smartphone manufacturing, Dixon Technologies (India) Ltd. has inaugurated a smartphone manufacturing plant in Noida.