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Stock Market Opening: Stock market rises for third straight day, Tata Motors surges, Axis Bank declines; more details inside

Share Market Update: Ahead of budget up and down has witnessed in share market. Today is the second day of the fourth business week of the new year 2023. Amid strong signals from the international and American markets, the Indian domestic stock market today started trading with a boom for the third consecutive day. Today both Sensex and Nifty are showing gains. Sensex and Nifty both open on green mark. Sensex opened above 61 thousand today with a big jump, while Nifty started trading from 18 thousand level. Today, trading started with a gain of more than 180 points in Sensex and 65 points in Nifty.

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Asian markets mixed
Today, most of the stock markets in Asia are seeing a boom. The Singapore Stock Exchange is trading up by 0.40 per cent, Japan’s Nikkei by 1.76 per cent, Hong Kong’s stock market by 1.79 per cent, South Korea’s Cospi by 0.64 per cent, China’s Shanghai Composite by 0.75 per cent.

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On Tuesday (24 January 2023), the second day of this trading week, the trading in the Indian stock market started with a green mark. Today, the BSE’s 30-share index Sensex opened with a gain of 180 points at 61,122, while the NSE’s 50-share index Nifty opened at 18,184 with a gain of 65 points. open.

Before this, on the last trading day Monday (23 January 2023) also the market registered a boom. The Sensex closed at 60,942, up 320 points, while the Nifty closed at 18,119, up 91 points.

market condition today
In the beginning of this morning, trading started in about 2,969 companies on BSE in the beginning today. In which about 1,860 shares opened up and 989 declined. While the share prices of 120 companies remained stable. Whereas 84 shares are open at 52 weeks high level and 35 shares are open at 52 weeks low level.

Today’s rising and falling stocks
Talking about today’s rising shares, the shares of many companies including Tata Motors, HDFC Bank, Bajaj Finserv, Asian Paints, Cipla are seeing a boom.

While looking at the falling stocks, many companies including Axis Bank, Grasim, JSW Steel, Ultratech Cement, Power Grid Corporation are seeing a decline in their shares.

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Rupee opens with a gain of 24 paise against the dollar
On Tuesday, the second day of the fourth trading week of this year, the rupee opened strongly against the dollar in the foreign exchange market on Tuesday. In early trade today, the rupee opened at a level of 81.66 against the dollar with a weakness of 28 paise. On the other hand, on the last trading day on Monday, the rupee declined by 27 paise to close at Rs 81.39 against the dollar.

Read More :-SHARE MARKET UPDATE: SHARE MARKET JUMPS; SENSEX, NIFTY IN GREEN ZONE

This was the condition of the market last days
Monday (23 January 2023): The Sensex closed at 60,942 points with a gain of 320 points. While the Nifty closed at 18,119 points with a gain of 91 points.
Friday (20 January 2023): The Sensex closed at 60,621 points with a jump of 360 points. While the Nifty closed at 18,027 points with a gain of 50 points.

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