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Stock Market Updates: Benchmark indices had been buying and selling decrease within the pre-opening session.
Stock Market Updates Today: Check Sensex, Nifty Latest Movements On December 16
Stock Market Updates: The Indian fairness market opened on a subdued be aware on December 16, with benchmark indices buying and selling in unfavorable territory through the pre-opening session.
In early commerce, the Sensex fell by 215.59 factors, reaching 81,917.53, whereas the Nifty dropped 49.45 factors to 24,718.85.
The Indian rupee weakened by 3 paise to commerce at 84.83 in opposition to the US greenback in early commerce on Monday.
Investors are seemingly awaiting key market cues and international developments for additional course.
Meanwhile, in immediately’s session, stocks reminiscent of Bharat Forge, Biocon, JK Paper, JSW Energy, Lupin, and others are more likely to stay in focus as a result of latest developments.
Sensex and Nifty bounced again strongly on Friday, advancing practically 1% as traders engaged in cut price searching throughout sectors like telecom, expertise, and shopper durables, supported by encouraging home inflation knowledge.
After plunging 1,207.14 factors in early commerce, the BSE Sensex reversed its losses to shut 843.16 factors larger, or 1.04%, at 82,133.12. During intraday commerce, it surged by as a lot as 923.96 factors to the touch 82,213.92.
Similarly, the NSE Nifty rose 219.60 factors, or 0.89%, to finish at 24,768.30, recovering from an intraday dip of 367.9 factors.
Weekly Performance
On a weekly foundation, the Sensex gained 623.07 factors, or 0.76%, whereas the Nifty superior 90.5 factors, or 0.36%.
Sectoral Performance and Top Movers
Among the Sensex constituents, Bharti Airtel, ITC, Kotak Mahindra Bank, Hindustan Unilever, Titan, UltraTech Cement, HCL Technologies, and Power Grid led the positive factors. In distinction, Tata Steel, IndusInd Bank, JSW Steel, and Bajaj Finserv had been among the many high laggards.
Broader Market Trends
Contrary to the positive factors in benchmark indices, the BSE SmallCap index fell by 0.29%, whereas the MidCap index dipped 0.08%, reflecting combined sentiment within the broader market.
