Stocks
Volatile opening! Sensex drops early as Nifty defies odds to stay above 26,000
Mumbai/IBNS: The Indian stock market on Tuesday traded lower as it slipped 200 points to 85,042.37 at the opening bell, media reports said.
The fall of 0.26% was seen in Sensex.
Nifty 50 maintained its trading at over 26,000 after closing at 26,013.45.
Axis Bank, Bharat Electronics, State Bank of India, Eternal were among the top gainers while Bajaj Finance, Tata Steel, Bajaj Finserv, Kotak Mahindra Bank are among the laggards.
Nifty Midcap 100 index tumbled 0.31% and Nifty Smallcap 100 dipped by 0.5% in the broader market.
Market guru Anil Singhvi said he expects support for Nifty50 index at 25,850-25,950 and a strong buy zone at 25,700-25,825 levels, Zee Business reported.
The Asia Pacific stocks traded low following the downward trend in Wall Street.
Japan's Nikkei 225, Hong Kong's Hang Seng, South Korea's Kospi as well as Shanghai's Composite index traded in red.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
