• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Indian Stock Market Opens In Red, IT Stocks Drag

OMMCOM NEWS by OMMCOM NEWS
April 17, 2025
in Business
Indian stock markets

Mumbai: After three consecutive days of gains, the domestic benchmark indices opened in red on Thursday amid weak global cues, as selling was seen in the IT and auto sectors in the early trade.

At around 9.27 am, Sensex was trading 338.13 points or 0.44 per cent down at 76,706.16 while the Nifty declined 120.75 points or 0.52 per cent at 23,316.45

Nifty Bank was up 62.25 points or 0.12 per cent at 53,180.00. The Nifty Midcap 100 index was trading at 52,300.65 after declining 44.90 points or 0.09 per cent. Nifty Smallcap 100 index was at 16,347.85 after declining 1.40 points or 0.01 per cent.

According to market watchers, after a negative opening, Nifty can find support at 23,300 followed by 23,200 and 23,000. On the higher side, 23,500 can be an immediate resistance, followed by 23,600 and 23,800.

“The charts of Bank Nifty indicate that it may get support at 52,800 followed by 52,500 and 52,300. If the index advances further, 53,300 would be the initial key resistance, followed by 53,500 and 53,800,” said Hardik Matalia, Derivative Analyst of Choice Broking.

Meanwhile, in the Sensex pack, HCL Tech, Tech Mahindra, Infosys, Tata Steel, TCS, L&T, M&M, Bajaj Finance, Titan, Asian Paints, Nestle India, Tata Motors were the top losers. Whereas, ICICI Bank, Bharti Airtel, Sun Pharma, NTPC and HDFC Bank were the top gainers.

In the last trading session, Dow Jones in the US declined 1.73 per cent to close at 39,669.39. The S&P 500 declined 2.24 per cent to 5,275.70 and the Nasdaq declined 3.07 per cent to close at 16,307.16.

In the Asian markets, Jakarta was trading in red. Whereas Japan, Seoul, China, Bangkok and Hong Kong were trading in green.

The foreign institutional investors (FIIs) extended buying on second day on April 16 as they bought equities worth Rs 3,936.42 crore. However, domestic institutional investors (DIIs) extended their selling on second session as they sold equities of Rs 2,512.77 crore on the same day.

(IANS)

Tags: foreign institutional investors (FIIs)Indian stock marketNifty Bank
ShareTweetSendSharePinShareSend
Previous Post

Ukraine Extends Martial Law, General Mobilisation For 90 More Days

Next Post

Commissionerate Police Warns Of Traffic Congestion In Bhubaneswar Today

Related Posts

Business

Indian Economy Poised To Remain Fastest-Growing One In FY26: SBI Report

May 31, 2025
Economy
Business

Strong GDP Growth Reinforces India’s Position As Fastest-Growing Major Economy

May 30, 2025
FM Sitharaman
Business

Centre Okays Additional Rs 81,735 Crore As Tax Devolution To States: FM Sitharaman

May 30, 2025
gross domestic product
Business

Govt Succeeds In Keeping Fiscal Deficit In Check At 4.8 Pc Of GDP For FY25

May 30, 2025
Adani Energy Solutions
Business

Adani Energy Solutions Bags Rs 1,660 Crore Transmission Project In Maharashtra

May 30, 2025
GDP Growth
Business

India Clocks 6.5 Pc GDP Growth In 2024-25, Q4 Growth Surges To 7.4 Pc

May 30, 2025
Next Post

Commissionerate Police Warns Of Traffic Congestion In Bhubaneswar Today

US Tariff Hikes No Longer Make Economic Sense: China

Suspended Kerala IAS Officer Prasanth Raises Promotion Demand During Hearing

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.