Share Market: Stock market opened at flat level, Sensex-Nifty at red mark in early trade

Mumbai. Today, the domestic stock market has started at a flat level amid mixed signals in the global market. Immediately after the market opened, the BSE Sensex (BSE Sensex) fell by 77 points, or 0.16 per cent, to 49,415 points. Whereas, the Nifty also fell by 12 points, ie 0.08 per cent, to 14,553 points. Infosys saw a sharp decline of 4 per cent in the December quarter after its impressive results. Actually, after the quarterly results, Infosys shares are seeing profit booking. Among other IT stocks, HCL Tech and Tech Mahindra are seeing a decline of 2 per cent. Hindustan Aeronautics is witnessing a 12 per cent jump today after the government announced the purchase of Light Combat Aircraft Tejas for the Air Force for about Rs 48,000 crore.

In the sectoral index, today, BSE Auto, Consumer Durables, Pharma, IT, Metal and Tech sectors are seen trading on the red mark. Whereas, the sectors that are trading on the green mark include Bank Nifty, Capital Goods, FMCG, Oil & Gas and PSU Bank. BSE Small Cap, BSE Mid-Cap and CNX Midcap are also on the red mark.

US market closed on green mark
Talking about the American market, mixed business was seen here on the previous day. The S&P 500 index closed up on Wall Street. American investors are excited about the next stimulus package. Also, amid the news of the impeachment of President Donald Trump, there was a boom here. The Dow Jones closed at 31,060 with a slight gain of 0.03 per cent. However, the S&P 500 also closed at 3,809. The Nasdaq Composite managed to close at 13,129 points.State of asian markets

Talking about Asian markets, there is an increase in early trade on Thursday. After the mixed move of Wall Street, only positive business is being seen. Japan’s Nikkei was seen trading at 28,938 accounts with a gain of 1.69 percent. China’s Hang Sengge was trading at 0.56 per cent and Straight Times 0.44 per cent and Korea’s Kospi by 0.18 per cent. However, Shanghai Composite saw a decline of 0.15 per cent during the opening trade.

Strength in rupee
On Wednesday, the rupee was seen rising against the dollar on the second day. On Wednesday, the rupee had closed up 10 paise to 73.15. Actually, the rupee is getting support due to foreign fund inflows and weakness in US currency.

Domestic and foreign investor figures
On January 13, foreign institutional investors bought shares worth a total of Rs 1,879.06 crore. Whereas, domestic institutional investors bought shares worth a total of Rs 2,370.17 crore. This information is based on the provisional data present on the National Stock Exchange.