The stock market opened with a cautious stance on Tuesday after investors continued to reap profits at a higher level after eight consecutive trading sessions. The stock market saw a sell-off in early trade. At one time, the BSE Sensex fell 52.78 points to 40,541 and the Nifty fell 13 points to trade at 11,917. However, at the end of trading, the stock market saw a slight rise. The Sensex gained 31.71 points to 40,625 and the Nifty gained 3.55 points to end at 11,934.50.
The 30-share BSE Sensex opened at a negative of 40,605.97 with a gain of 12.17 points or 0.03 percent after opening in the morning. On the other hand, the National Stock Exchange’s Nifty gained 4.40 points or 0.04 percent to 11,935.35 points in early trade.
Among the Sensex companies, PowerGrid, Infosys, Reliance, UltraTech Cement, Bajaj Auto, Bharti Airtel, ONGC, NTPC shares closed on the green mark. At the same time, shares of Asian Paints, Titan, ITC, Kotak Bank and L&T, ICICI Bank, IndusInd Bank, SBI, Axis Bank and Bajaj Finserv closed at the red mark.
Rupee falls against dollar
The rupee exchange rate fell by seven paise to close at 73.35 per dollar (preliminary figure) against the US currency.
Share Market: The stock market slipped, the Sensex plunged 53 points
.
