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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.

Share Market: Recovery continues after a fall in early trading on Tuesday, these stocks fell; Rupee breaks at lower level

The key stock index BSE Sensex began 340.76 points lower at 54,054.47 in early trade on Tuesday as a result of weakness in global markets. NSE Nifty opened at 16,143.35 while losing 72.65 points at the same time. However, a comeback is now apparent after the market’s decline up to 11 a.m. in the morning. Sensex has broken 186.75 points and is currently trading at 54,208.48. NSE Nifty is down 70.85 points at 16,145.15 at the same time.

These stocks saw a decline

Top Sensex losers included Tata Steel, Titan, Bajaj Finserv, HDFC, UltraTech Cement, Nestle, Bajaj Finance, and ICICI Bank. In contrast, NTPC, Wipro, Tata Consultancy Services, and Bharti Airtel all had positive returns. In other Asian markets, stocks were trading at lower prices in Shanghai, Tokyo, Seoul, and Hong Kong. US stocks closed Monday with a loss. On Monday, shares owned by foreign institutional investors were sold for a net amount of Rs 170.51 crore, according to preliminary stock market statistics.

Sensex down by 257.99, currently trading at 54,137.24. Nifty slips by 85.25, currently at 16,130.75. pic.twitter.com/0xNZW6wg20
— ANI (@ANI) July 12, 2022

Rupee breaks to record low level

Due to a decline in the domestic equity market and a firming US currency abroad, the rupee on Tuesday dropped 13 paise to 79.58 against the US dollar in early trade. Additionally, ongoing sales of foreign currency and a rise in the price of crude oil, according to forex traders, placed pressure on the local currency.

The Indian rupee depreciated 13 paise over the previous closing price, falling from 79.55 to 79.58 versus the US dollar in the interbank foreign currency market. The US dollar’s performance against the other six major currencies is gauged by the dollar index, which rose 0.27 percent to 108.31.

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.

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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Stock market falls sharply, Nifty and Sensex open on a negative note

Due to the continuous bad signals from the global market, the Indian stock market opened again today with a fall. On Thursday, May 12, the 30-point Sensex is trading at 53,320.83, down 867 points. While the 50-point Nifty opened at the level of 210 points 15,956.45. Many stocks have collapsed in early trading. In such a situation, there is only a possibility of a decline in the trading session of the day.

The banking sector has given good returns in some trading sessions, so the eyes of the investors will remain on this sector. The rupee, meanwhile, is also declining. The Indian rupee has declined by 23 paise to 77.46.

Earlier on Wednesday, Sensex slipped 276.46 points to close at 54088.39 after the day’s volatility, while Nifty lost 72.95 points to close at 16167.10. However, the shares of the banking sector were seen in good condition. In yesterday’s trading session, there were times when the Nifty was on the surface of going below 16,000. But the banking sector saved its strong support level.

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Market LIVE Updates: The stock market continues to fall, Sensex slips more than 400, Nifty below 18000

Today, the stock market opened with a decline on the second trading day of the week or Tuesday. Mumbai Stock Exchange (BSE)’s major index Sensex and National Stock Exchange (NSE)’s Nifty both fell heavily. On the BSE Sensex, 419.18 points (0.71 percent) broke down at 58545.39. On the other hand, the Nifty of NSE moved down by 123.00 points (0.70 percent) and opened at the level of 17552. This was the condition of the giant stocks at 9:45 am:

Keeping an eye on the sectoral index

In this period, the biggest fall happened in Nifty Metal. It fell 2.29 per cent. Apart from these, Nifty Bank, Auto, Finance Service, FMCG, IT, Media, Pharma, PSU Bank, Private Bank, and Realty are also trading on the red mark.

Global market condition

The US markets closed with a decline according to international markets. The European markets showed mixed trends. The Dow Jones lost 1.19 per cent, the S&P 500 lost 1.69 per cent, the Nasdaq lost 2.18 per cent, the FTSE 100 lost 0.67 per cent, and the DAX lost 0.64 per cent. The CAC 40, however, gained 0.12 percent.

TCS net profit up 7.4 per cent in Q4

The largest software exporter in the country, Tata Consultancy Services (TCS), had revenues exceeding Rs 50,000 crores for the first time during the fourth quarter ended March 2022. In FY 2021-22, the company’s net profit rose 7.4 per cent to Rs 9,926 crore in the fourth quarter (January-March). After this, the company’s stock is rising today. As of the time of writing this story, its share price stood at 3713.95, up 17.55 points. The company’s market capitalization stands at Rs 13,59,264.40 crore at present.

Share Market Today: stock market speed up, Sensex crosses 59,900, Nifty above 17800

As a result of the strong international market, the domestic stock market started trading well on Monday, April 4, the first day of this trading week. Nifty and Sensex are both in the green today. At the opening of today’s trading session, the Sensex reached 59,764 and exceeded it as soon as it surpassed 59900. Similarly, the Nifty started at 17,809, and Nifty crossed the level of 17900 in the initial trade.

The Sensex is currently trading at 60290, up 1013 points or 1.71 percent. Nifty is trading at 17935.85, a jump of 265.40 points or 1.50 percent.

A total of 1966 stocks started trading today on the BSE, of which 1520 opened with gains and 323 opened with losses. The share prices of 123 companies opened without changing. As of today, 75 shares are trading at 52-week highs and 4 shares are trading at 52-week lows. Since morning, 208 shares have been trading upper circuit and 48 shares have been trading lower circuit.

As the market opened today, news broke that HDFC and HDFC Bank would merge. HDFC shareholders will receive 42 shares in HDFC Bank. Due to the news of the merger, HDFC and HDFC Bank have seen a strong increase in share prices. HDFC Bank is experiencing its biggest trading boom in two years.

A sharp rise in the stock market marked the end of the first day of the new financial year. The BSE Sensex closed 708 points higher at 59,277, while the NSE Nifty index closed 205 points higher at 17,670.

Share Market Today: The rise in the stock market, Sensex up by more than 200 points, Nifty near 17300

Despite the last 34 days of war between Russia and Ukraine and the rise in crude oil prices, the stock market around the world continues to fluctuate. In India, this is also affecting the stock market. As we begin our second trading week, Indian stock markets are booming. The Sensex opened today with a jump of 209 points at 57,803 levels. The Nifty began trading at 17285 levels with a gain of 63 points.

Today, a total of 1,479 stocks started trading on the BSE, out of which 899 opened up for trading, and 474 fell. At the same time, 106 companies opened their shares without increasing or decreasing. Currently, 48 shares of the company are trading at 52-week highs and 6 at 52-week lows. 83 shares have a higher circuit since morning, while 93 shares have a lower circuit.

Except for the metal, media, and oil and gas sectors, all other sectoral indices are trading with a bullish trend today. Business is good for financial, auto, and bank stocks. All three Nifty indices are up around half a percent. The IT, Pharma, Metal, FMCG, and Realty indices are also in the black.

Monday’s closing price of the Sensex was 57,593 with a gain of 231 points, while the Nifty was 17,222 with a gain of 69 points.

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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