New Delhi, 07 July (Hindustan Times). Amid weak global cues, the domestic stock market is also seen trading under pressure today. Today’s trading started with weakness. However, due to the buying started as soon as the market opened, the stock market once again set a new record of all-time high today. But after this, both Sensex and Nifty fell in the red mark due to selling pressure. After the first one hour of trading, Sensex was trading with a weakness of 0.01 percent and Nifty by 0.03 percent.
Titan Company, HDFC Life, SBI Life Insurance, Mahindra & Mahindra and TCS were trading strongly in the range of 2.79 per cent to 0.54 per cent after the initial one-hour trading. On the other hand, Bajaj Finance, IndusInd Bank, Apollo Hospitals, Hero MotoCorp and Hindalco Industries were seen trading with a weakness of 1.05 per cent to 0.81 per cent.
In the business so far, there were active trading in 1,932 shares in the stock market. Out of these, 1,134 stocks were trading in the green mark by making profits, while 798 stocks were trading in the red mark by taking losses. Similarly, out of 30 stocks included in the Sensex, 14 stocks remained in the green mark with the support of buying. On the other hand, 16 stocks were trading in the red under selling pressure. While out of 50 stocks included in the Nifty, 17 stocks were seen trading in the green mark and 33 stocks in the red mark.
Today, the BSE Sensex opened at a level of 65,559.41 points, falling 226.23 points. The index started a sharp recovery as buying started at the beginning of the trade. Due to continuous buying, this index once again reached the level of 65,898.98 points, creating a new record of all-time high around 10 o’clock. But after this, due to the creation of selling pressure, it declined. The Sensex was trading at a level of 65,779.29 points with a weakness of 6.35 points at 10:15 am after the first 1 hour of trading amid continuous buying and selling in the market.
Like the Sensex, the NSE Nifty started trading today at a level of 19,422.80 points with a weakness of 74.50 points. With the support of buying as soon as the market opened, the Nifty also set a new record of all-time high once again by reaching the level of 19,523.60 points. However, thereafter this index too declined due to profit-booking pressure. Nifty was trading at a level of 19,490.70 points with a weakness of 6.60 points after the initial 1-hour trading between continuous buying and selling in the market.
The domestic stock market also started trading with a decline in the pre-opening session today amid weak global cues. In this session, the BSE Sensex was at a level of 65,579.15 points with a weakness of 206.49 points, or 0.31 percent. At the same time, Nifty had reached the level of 19,352.30 points with a decline of 145 points, or 0.74 percent, in the pre-opening session.
Prior to this, on Thursday, the Sensex gained 339.60 points, or 0.52 percent, to close at the level of 65,785.64 points on Thursday. On the other hand, the Nifty ended Thursday’s trading at 19,497.30 points, up 98.80 points, or 0.51 percent.