Stock Market Opening: Despite mixed signals from global markets, Indian equity indices opened flat on Tuesday, August 19. The Sensex was up 94.98 points or 0.12 per cent at 81,368.73, while the Nifty gained 24.45 points or 0.10 per cent to 24,901.40 in early trade.
Nifty Bank, IT, Metal and FMCG traded higher.
Broader market indices edged higher. BSE MidCap and SmallCap was up 0.09 per cent and 0.25 per cent respectively.
The Indian rupee strengthened by 11 paise against the US dollar, opening at 85.24 compared to Monday’s close of 87.35.
Market breadth was positive with 1,259 shares advancing, 951 declining, and 147 unchanged.
Among the top gainers on the Nifty were Reliance Industries, NTPC, Bharti Airtel, Trent, and Hero MotoCorp. On the other hand, HCL Technologies, Axis Bank, Maruti Suzuki, Bajaj Finance, and Tata Motors faced selling pressure.
Stocks in focus
Investors will keep a close watch on stocks like BlueStone Jewellery, Aditya Infotech, Vedanta, Hindustan Zinc, Marine Electricals, All Time Plastics, Engineers India, GNG Electronics, Seamec, and Goldiam International throughout the day.
