BSE Sensex, Nifty: Amidst the declining trends in most of the Asian markets, trading started on Wednesday in the domestic market. Sensex and Nifty are looking strong as expected due to the rise of 0.19 percent in SGX Nifty on the Singaporean Exchange. Sensex is trading above 53400 and Nifty is trading above 15850. The market is getting good support today by buying in banking stocks. During the business today, the focus will be on stocks like Tata Motors, Biocon, Adani Power, Tata Steel, Spice Jet and Marico.
While the prices of 14.2 kg domestic LPG cylinders have increased from today. This increase has come at a time when commercial cylinders were made cheaper a few days ago.
At the time of commencement of trading in the market, both Sensex and Nifty are open with gains. However, during the pre-opening, both were showing a decline. But a few minutes after the market opened, the Sensex is seeing a jump of about 300 points. Nifty is also gaining more than 60 points.
Now both Sensex and Nifty have come down in the pre-open session. There is a fall of 90 points in the Sensex, then the Nifty is only slightly above 15700.
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