Stock market opened in red on Diwali day
Indian stock market opened in red on Diwali day. BSE Sensex opened at 79,834 points with a fall of more than 100 points. At the same time, Nifty was trading at 24,323 points with a fall of 17 points. Stock market experts say that the market is under pressure and will remain volatile for the time being due to the presidential election in the US. However, the stock market is expected to rise again after getting support from the lower level in the next few days.
Shares of these companies saw a decline
Out of the 30 companies listed on the Sensex, shares of Tech Mahindra, Tata Consultancy Services, Infosys, HCL Technologies, Titan, Maruti Suzuki and UltraTech Cement suffered the most losses. At the same time, the stock of Larsen & Toubro has jumped by more than five percent. With this, the consolidated net profit of Larsen & Toubro in the July-September quarter increased by five percent to Rs 3,395 crore. Shares of Sun Pharma, Axis Bank, Tata Steel and State Bank of India also remained in profit.