Aatmja Kumari(Intern Journalist) The stock market has started flat on the first trading day of the week. The Bombay Stock Exchange (BSE) Sensex lost 36 points to open at 40,649, while the National Stock Exchange’s Nifty gained 7 points to open at 11,937. However, later the Nifty also reached the red mark.
By 10.45 am, the Sensex had dropped by 109 points to 40,576. Similarly, the Nifty declined by 35 points to 11,895.
The metal index saw a decline while buying in the PSU banking sector. The major stocks that climbed on the BSE included Nestle, IndusInd Bank, L&T, Power Grid, HCL Tech, TCS, HDFC, etc., while the red marked stocks included Kotak Bank, ITC, Axis Bank, Sun Pharma, ICICI Bank, Titan, etc.
The rupee has seen a fall on Monday. The rupee lost 17 paise to open at 73.77 against the dollar. Earlier on 23 October, the rupee had lost 7 paise to close at 73.60 against the dollar.
The Indian stock market saw an increase on the last trading day of the week. At the end of trading on Friday, the Sensex gained 127 points to close at 40,685 points. At the same time, talking about the Nifty, it rose by 34 points to 11,930 points.
Asian markets were seen weak on Monday due to rising cases of coronavirus infection in the US and Europe. However, the price of crude oil has come down. Significantly, on Friday, the US market closed in the red.
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