First Trade: Sensex falls 236 points, Nifty below 24,500 at open; Kotak Bank, SBI top losers

2 hours ago 1

Market Opening Bell: Indian benchmark indices opened in the red on Wednesday, tracking a cautious undertone in domestic markets despite supportive global cues. At open, the BSE Sensex fell 236.16 points or 0.29 per cent to 80,307.83, while the Nifty50 declined 77.75 points or 0.32 per cent, slipping below the 24,500-mark to 24,496.45.

Market breadth was weak, with 751 stocks advancing, 1,433 declining, and 150 remaining unchanged, according to BSE data.

On the Nifty, Hero MotoCorp, Cipla, Bajaj Finserv, Maruti Suzuki, and JSW Steel emerged as early gainers. On the flip side, Kotak Mahindra Bank, Tata Steel, SBI, Coal India, and Jio Financial Services led the laggards.

Stocks in Focus Today:

Investors will keep an eye on key Q1 earnings and updates from:

Trent

Hero MotoCorp

Bharat Forge

BHEL

Lumax Industries

Jindal Stainless

Fortis Healthcare

Datamatics Global

Bajaj Holdings

Eternal

Cash Ur Drive Marketing

Renol Polychem

Read Entire Article