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Heavy fall in Paytm shares, shares below Rs 500 level

The terrible days of investors in Paytm, the nation’s top provider of digital payment services, do not appear to be ending in the hopes of positive results. One97 Communication, the parent company of Paytm, began listing on the day it was impossible to predict when it would stop. With a valuation of Rs 18,300 crore, it is the second-largest IPO in the nation to date. On Tuesday, Paytm’s stock plunged once more, dropping up to 8%.

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The stock came below the level of Rs 500

On Tuesday, the second trading day of the week, the stock market opened flat. In the meantime, Paytm’s stock started to decrease right away. By 10.30 am, the company’s shares had lost 7.86%, or Rs 42.20, and were trading below Rs 500. The shares are currently being traded at Rs 494.80. The price of Paytm’s shares peaked at Rs. 486 during the first round of trading. Shares of Paytm were down 9.08% and trading at Rs. 488.25 by 12:15 p.m.

Where did the stock price reach?

The pricing range for the Paytm IPO was set at Rs 2080 to Rs 2150 due to the issue size of Rs 18,300 crore. This IPO received a fantastic response from investors. However, since the shares were listed at a discount, the company has not been able to recoup from the share price decline. In November 2021, Paytm’s shares were floated on the stock market at Rs 1,950 with a 9% discount.

Paytm started 10 years ago

About ten years ago, Paytm was founded. Initially, the business was recognized as a platform for cellphone recharges, but under the direction of CEO Vijay Shekhar Sharma, the Paytm Paymate service experienced a meteoric rise following the 2016 demonetization. The BSE Sensex was trading at 61,299.17, up 154.33 points or 0.25 percent, while the NSE Nifty was trading at 18,200.95, up 41 points or 0.23 percent, as of the time the news was published in the stock market on Tuesday.

Sensex fell by about 400 points, know the condition of the global market

With a bang, the stock market began trading. The Sensex increased by 107 points to 61858, the Nifty by 39 points to 18383, the Bank Nifty by 87 points to 41545, and the Nifty Midcap 100 by 90 points to 31162 during the final trading session of the week. Open to the degree that The shares of Asian Paints are soaring as a result of the drop in the price of crude oil. It presently has the highest gain of 1.12%, making it the top gainer. Additionally rising are the shares of Berger Paints, Nerolac Paints, and Indigo Pets.

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Sensex is down by nearly 400 points

The stock market has lost about 400 points as a result of the reduction in shares of Mahindra & Mahindra, Bajaj Finance, Bharti Airtel, and IndusInd Bank. The Sensex was down 360 points at a level of 61393 as the clock struck noon. Nifty had dropped 109 points to a level of 18234 at that point.

Condition of the global market

The price of crude oil is under pressure on the global market. WTI crude is currently trading at $82.5 per barrel, while Brent crude is almost at $90. In the early going, shares of Asian Paints, Axis Bank, and Infosys are up. Stocks like Mahindra & Mahindra, Maruti, and Titan are down. Regarding the global market, the American market rebounded from its low points, the Dow Jones gained 300 points, and it closed unchanged.

Indian stock market opened with gains on Monday, Sensex climbed above 60 thousand, IT and metal sectors boomed

On Monday, the Indian stock market also managed to post gains for the fourth session in a row, as the Sensex once more rose and crossed the 60,000 thresholds. The IT and metal sectors are growing rapidly in today’s economy.

A 58-point surge in the Nifty led to an opening price of 17,891, while a 119-point rise in the Sensex led to an opening price of 59,912. Investors’ enthusiasm also rose, and they began to buy ferociously. Due to ongoing investment, the Sensex increased by 250 points to 60,048 at 9:28 am, while the Nifty increased by 74 points to 17,907.

Today these stocks are showing bullishness

From the beginning of today, investors purchased shares of Tech Mahindra, Bajaj Finserv, M&M, Dr. Reddy’s, and Infosys. With continuing investment, the stocks of these companies appeared on the list of top gainers. On the other hand, businesses like Hindustan Unilever, HDFC, Asian Paints, and Kotak Bank were selling today, and their shares are currently among the worst losers. In today’s session, both the Nifty Midcap 100 and Nifty Smallcap 100 are up 0.9 percent.

Asian market on the green mark

The majority of Asian stock markets are currently seeing growth. The Nikkei in Japan was up 1.04 percent and the Singapore Stock Exchange was up 0.28 percent. In addition, the Taiwanese market has increased by 1.64 percent. Nevertheless, China, Hong Kong, and South Korea’s Shanghai Composite are not trading today.

The first trading day of the Indian stock market opened with a green mark, there was a boom in the global markets

The Indian stock market has had a wonderful opening trading day of the week so far. The market started the day’s trading session near the green level and ended it there as well. The Indian markets experienced some volatility earlier on Friday throughout the day’s activity, but the market closed in the green.

The Nifty concluded at 17,525.10 points with a gain of just 127.60 points or 0.73 percent, while the Sensex of the Mumbai Stock Exchange closed at 58,853.07 points with a gain of roughly 465.14 points or 0.80 percent.

Indian stock indices start a fresh week on a steady note

Read @ANI Story | https://t.co/xx3VG5eGBG #BSE #NSE #Sensex #NIFTY #Inflation #StockMarket pic.twitter.com/u4BGDge5fm
— ANI Digital (@ani_digital) August 8, 2022

The Indian market opened with tremendous momentum earlier in the day. The 30-point Sensex opened today’s trading session at 58,417.71, up 29.78 points, or 0.051 percent, while the 50-point Nifty opened at 17,401.50, up 4.00 points, or 0.023 percent. The market is consistently in a positive trend.

Global markets boom

When it comes to the global market, America appears to be re-entering it now. This week has been strong for the US market. On the other side, investors expect inflation to decline after the Fed Reserve raises interest rates, therefore they are aggressively betting in the market. As a result, the NASDAQ, one of the main stock exchanges in America, has increased by 0.41 percent in the most recent trading session.

The stock of LIC is currently declining. After Friday’s increase, it is now providing a drop on Monday. LIC shares fell today and ended the day at 679.70.

Indian stock market continued to rise on Monday, Sensex climbed 450 points to cross 54 thousand, Nifty rose to 16,180

The Indian stock market got off to a solid start on Monday morning, maintaining the momentum it had garnered in the final trading session of the previous week. Since this morning, investors have kept a purchasing trend, which has helped Sensex surpass 54 thousand once more.

A gain of 308 points was seen on the Sensex at 54,069 points, while a gain of 102 points was seen on the Nifty at 16,151 points. Investors became pleased after observing the market’s early gains and they kept buying. Due to this, the Sensex opened up 450 points at 54,237 and the Nifty gained 130 points to 16,180 by 9.26 am.

Today all sectors boom

All sectors of business today are trading at a high level. Nifty IT and Metal, however, are currently dominating the market. A 1.7 percent growth is being seen in these industries. In addition, the real estate, pharmaceutical, and PSB sectors are trading at a premium today. In just this morning’s trading, BEL’s stock has increased by 4%, while Oberoi Realty’s stock has increased by 1.6%.

Asian markets also shine

The majority of Asia’s stock markets opened higher this morning and are currently trading in the green. This morning, the Singapore Exchange is up 1.01 percent, while the Taiwanese market is up 0.40 percent. The Cospi market in South Korea is also up 1.11 percent today. However, the Shanghai Composite in China is currently down 0.01 percent.

Share Market: Market trading started on Monday with profit, Tata shares registered a decline

Even after the recent recovery, the domestic stock market remains under pressure. The shares of blue chip companies of Tata Group are seeing a decline in early trading. Because of this, the market has started this week almost stable. After recovering from a slight decline in the pre-open session, the market started Monday’s trading with slight gains. However, in a short time, both BSE Sensex and NSE Nifty went back to the red zone.

As the market opened, it was down

Today’s pre-open session was a loss for the domestic market. Both Sensex and Nifty were down in the pre-open session. It is possible today that the domestic stock market will trade flat or with losses if SGX Nifty in Singapore also trades with a loss. At 09:30 in the morning, the Sensex was trading below 52,900 points, down about 30 points. Nifty was also trading below 15,720 points with a loss of about 30 points.

Volatility in the price of these shares

On the one hand, IndusInd Bank is the biggest gainer with a gain of about 2.50 per cent in early trade, while Tata Steel stock of Tata Group is down by about 2.50 per cent. Shares like Mahindra & Mahindra, TCS and Wipro have also lost more than one percent. At the same time, FMCG stocks like Hindustan Unilever, ITC are helping the market.

Share Market Live Updates: Stock market crashes immediately upon opening, the Sensex drops below 53 thousand

Stock Market News: After the weak signals from the global market, a declining trend was seen in the Indian stock market. On the first trading day of the week, the 30-point Sensex opened with a fall of more than 1100 points at 53,184.61 points. While the 50-point Nifty fell more than 300 points and opened at the level of 15,877.55. Red marks were seen on all 30 Sensex stocks during the pre-open session.

Sensex reached below 53 thousand

Shortly after the opening of the stock market, a fall of 1443 points was seen in the Sensex and it fell to 52,860 points below 53 thousand. Similarly, at around 9.30, the Nifty fell by 421 points to the level of 15,780.70. Only Cipla’s share was seen in the top gainers of Nifty. Talking about the top losers, there were Hindalco Services, Bajaj Finance, Bajaj Fin Services, Kotak Bank, and IndusInd Bank. In today’s trading session in the stock market, selling is being seen in almost all the sectors on Monday.

In today’s trading session, buying is being seen in 494 shares and there is a sell-off period in 2030 shares. Apart from this, no change is being seen in 100 shares.

US market also down

On the other hand, there was a decline in the global market as well. In Friday’s trading session, the US market was badly broken and the Dow Jones closed at the day’s low by breaking 880 points. The Nasdaq saw a decline of 3.5 percent. All 11 sectors, including IT, banks, and consumer stocks, were under selling pressure. Apart from this, the European and Asian markets also saw a decline.

Stock Market Live: Severe fall in the share market, Sensex breaks more than 500 points

Amidst mixed signals from the global market, the second trading day of the week, Tuesday, June 7, saw the Indian stock market open with a red mark. There has been a drop of more than 500 points in the Sensex today, and the Nifty has also fallen. The Sensex is down 532.44 points or 0.96% at 55,146.66, while the Nifty is down 157.80 points or 0.95% at 16,411.75.

An earlier trading session of the week had seen a decline in Indian stocks. The Sensex closed Monday at 55,675.32, down 93.91 points or 0.17% percent, while the Nifty lost 18.55 points or 0.11% to close at 16,565.75. Today, the Indian stock market also saw a decline in the pre-opening session, and Sensex fell 300 points and the Nifty 16,500.

Global market also fell

The Asian markets are under pressure in today’s trading. As well as this, stock futures have also declined. The US market closed with a small gain on Monday. This morning, Dow Jones gained 16 points and closed at 32,915.78. NASDAQ gained 49 points to close at 12,061.37. Meanwhile, the S&P 500 index gained 13 points and closed at 4,121.43.

These indexes also declined

The market today is in the red for almost all sectors. As of now, just the Oil and Gas Sector is trading in the green, whereas the Nifty Bank, Auto, Financial Services, FMCG, IT, Media, Metal, Pharma, PSU Banks, Private Banks, Realty, Healthcare, and Consumer Durables Sectors are down.

Only 3 stocks of Sensex in green mark

In today’s selling environment, only three out of the top 30 stocks of the Sensex are in the black, with 27 stocks dominating the fall. Other than these, today shares of Reliance, NTPC, and Power Grid are trading in green.

Share Market Live: As the stock market boomed, investors became more confident, sensex-nifty made gains

The Indian stock market seems to be returning to the fast track today after recovering from the continuous decline of last week. The Sensex and Nifty had made gains in this morning’s trading itself.

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The Sensex opened with a gain of 152 points at 52,946 in the morning and started trading, while the Nifty gained 63 points to open trading at 15,845. After this, the confidence of the investors increased in the market and they started buying fiercely. Due to this, the Sensex reached 53,276 with a strong jump of 483 points at 9.27 am, while the Nifty gained 155 points to trade at 15,930.

Asian market opened on green mark

Most of the stock markets of Asia have opened with gains on Monday morning. The Singapore Stock Exchange is seeing a gain of 0.55 percent, while Japan’s Nikkei Stock Exchange is trading with a jump of 1 percent. Hong Kong’s stock market is seeing a rise of 0.68 percent while Taiwan’s stock market is seeing a rise of 1.04 percent. South Korea’s exchange was also trading with a gain of 0.11 percent, while China’s Shanghai Composite is up 0.10 percent.

Betting on these stocks today

Today, in the early trade itself, investors bet fiercely on the shares of companies like L&T, Tata Steel, and Maruti and due to the purchase, the stocks of these companies came on the list of top gainers, while stocks like Ultratech, TechM, Airtel were fiercely sold due to which they Became a top loser. In today’s trading, BSE Midcap and Smallcap are also seeing a rise of 1 percent.

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Share Market Today: Share market rises, Sensex rises 200 points, Nifty is close to 17300

Since the war between Russia and Ukraine has been ongoing for one month, the stock market around the world continues to fluctuate. In India, the stock market is also not untouched by this. However, on the fifth and final day of this trading week, the Indian stock markets open with a surge. Sensex opened 226 points up at 57,804 points, while Nifty gained 67 points to open at 17,289 points. This momentum, however, did not last long.

BSE started trading today in 1,460 companies, out of which about 1,003 opened up and 381 declined. 76 companies opened their shares unchanged at the same time. Today, 52 shares are trading at 52-week highs and 6 shares are trading at 52-week lows. Since morning, 102 shares have been trading upper circuit and 68 shares have been trading lower circuit.

Sensex stocks are trading on the green mark in 16 out of 30 cases. 14 is trading for the red mark. Out of 50 stocks in the Nifty, 28 are trading in the green while 22 are trading in the red.

The stock market is seeing gains in sectors such as Banking, Auto, IT, Pharma, Real Estate, Metals, Energy, and Commodities. Small- and mid-cap stocks are being bought. Pharma and FMCG are experiencing declines.

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