The indian stock market tried to recover from the previous fall in early trading on tuesday itself and both the Sensex-Nifty benchmarks were seen on the green mark. The metal stock is showing a rise of up to 1 percent today, but investors are still investing their money carefully.
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The indian stock market started trading openly in the green on tuesday and investors are also looking to buy. Despite this, the effect of the previous fall is still visible, due to which investors are moving forward in the market with a whiff.
The Sensex opened the morning trading with a sharp gain of 215 points at 57,382, while the Nifty also opened with a jump of 85 points at 17,259. However, the fear among the investors came out once again and they started booking profits. Soon the market started showing in the red mark, but then the Sensex rose 35 points to 57,202 and the Nifty rose 28 points to trade at 17,202.
Investors are placing bets here today
In the early trade, investors invested heavily on stocks like Grasim Industries, Eicher Motors, Bajaj Auto, Bajaj Finserv and Apollo Hospitals. The stock of these companies came in the list of top gainers from the purchase. On the other hand, selling dominated the shares of hdfc bank, hdfc, Infosys and Bharti airtel even today and with a big fall, these stocks went into the category of top losers.
Nifty's metal index is trading at a gain of 1 percent today. Apart from this, BSE Midcap and Smallcap are also seeing a rise of 0.97 percent. On the BSE, shares of Ultratech Cement, Bajaj Twins, Tata Steel, L&T, HUL, Axis bank and Titan are seeing a jump of 1 to 1.5 percent. If we look sector wise, then the stocks of auto, government banks and energy sector are seeing a rise of 0.9 percent today.
Asian markets return
Most of the markets in Asia opened on the green mark on tuesday morning. Singapore's stock exchange was trading at a gain of 0.26 percent, while Japan's Nikkei is also up 0.45 percent. taiwan is seeing a rise of 0.91 percent and south korea by 1.12 percent. However, hong kong 1.92 and China's shanghai Composite were trading 0.11 percent lower. The main reason for the decline in China's markets is the lockdown imposed due to increasing corona infection.
