Stock Market Today 19 Nov: The Indian stock market opened flat on Wednesday’s trading session, taking mixed cues from global markets. At 9:28 am, Sensex was up marginally by 29 points at 84,702, and Nifty was up by 2 points at 25,911.
Stock Market Today 19 Nov
Some market segments are seeing significant gains in early trade. The Nifty IT index is trading with a gain of 1.11 percent. Auto, metal, and services were also in green.
On the other hand, PSU banks, financial services, pharma, FMCG, realty, energy, infra, and commodities indices were trading in red.
Large-cap and small-cap stocks are trading mixed. The Nifty Midcap 100 index was up 50 points, or 0.08 percent, at 60,872, and the Nifty Small cap 100 index was down 31 points, or 18,123.
Top Gainers and Losers Share
Infosys, HUL, TCS, Tech Mahindra, HCL Tech, ICICI Bank, Tata Steel and UltraTech Cement were among the gainers in Sensex pack. HDFC Bank, BEL, Power Grid, Sun Pharma, ITC, Bajaj Finserv, L&T, Asian Paints, Eternal and Axis Bank were among the losers.
Expert Statement on Share Market
Market experts say that in the absence of any major signals, Indian stock market will remain range-bound in the coming days. Investors should adopt a strategy of buying on dips in select sectors and avoid overvalued large-, mid-, and small-cap stocks.
Asian Markets Today
Global markets were also trading mixed. Tokyo and Jakarta were in the green, while Seoul, Hong Kong, and Shanghai were in the red. Crude oil also remained weak. WTI crude was down 0.36 percent at $60.45 per barrel, and Brent crude was down 0.35 percent at $64.66 per barrel.
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