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Stock Market Today: Like Tuesday, the stock market has crashed after a good start. Once again Sensex came down after opening above 65000. While Nifty is at 19417 with an increase of 10 points. Let us tell you that the stock market had a strong start for the third consecutive day this week. Bombay Stock Exchange BSE’s 30-share Sensex opened up 159 points at 65,101 today. While Nifty of National Stock Exchange today started the day at the level of 19449.
The Sensex was trading down 39 points at 64903 in early trade. 12 of its shares were in the red. Stocks like SBI, NTPC, Axis Bank, Nestlé, Mahindra & Mahindra, Bajaj Finance, Infosys, ICICI Bank were in the red, while Asian Paints, Wipro, Tata Motors, Sun Pharma, Titan, PowerGrid, HCL Tech, L&T, TCS, Reliance was on edge.
Investors happy with Power Grid results: When the profits of the public sector company Power Grid Corporation increased, investors also started showing interest in buying these shares. Today the share is Rs. 209 and opened at Rs. 207.50 after falling to Rs. was trading at 208.80.
These two small stocks of the power sector are doing great wonders, making them rich in just a week
Let us tell you that the consolidated net profit of Power Grid increased by four percent to Rs. 3,781.42 crores. The main reason for this is the increase in income. In a stock market filing, the company said its consolidated net profit for the quarter ended September last fiscal year 2022-23 was Rs. 3,650.29 crores.