Today, January 10, the last trading day of the week, the Sensex is trading at 77,240 level with a decline of over 350 points. There is also a decline of 130 points in Nifty, it is trading at the level of 23,390.
Out of 30 Sensex stocks, 25 are down and 5 are up. Out of 50 Nifty stocks, 43 are down and 8 are up. In NSE sectoral indices, except IT sector, all are trading lower.
Mixed activity for Asian markets
In the Asian market, the Japanese Nikkei fell 0.49% and the Korean Kospi rose 0.11%. At the same time, China’s Shanghai Composite Index is trading 0.41% lower. According to NSE data, on January 9, foreign investors (FIIs) sold shares worth Rs 7,170.87 crore. During this period, domestic investors (DII) purchased shares worth Rs 7,639.63 crore. On January 9, U.S. stock markets remained closed in mourning of the death of former President Jimmy Carter. He lived to be 100 and was the longest-serving president in American history.
Lakshmi Dental IPO to open on January 13
The initial public offering i.e. IPO of Lakshmi Dental Limited will open on January 13. Investors will be able to bid on this issue until January 15. The company’s shares will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on January 20.
The market closed lower yesterday
Earlier yesterday, i.e. January 9, the Sensex had closed at the level of 77,620 with a decline of 528 points. Nifty also fell by 162 points and closed at the level of 23,526. At the same time, the BSE Smallcap fell by 640 points and closed at the level of 54,021.
Out of 30 Sensex stocks, 21 were down and 9 were up. Out of 50 Nifty stocks, 34 were down and 16 were up. While one stock closed without any change. In the NSE sectoral index, the real estate sector closed with the highest decline of 2.73%.