On October 16, stock market opened with stable numbers. The BSE Sensex and NSE Nifty fall slightly, while ONGC, Coal India, HCL, Infosys, and LTIMindtree gained.
Stock Market Today: Global indications were mixed, and the stock market opened on October 16 with stable numbers. The Sensex and Nifty fell slightly in the morning. The BSE Sensex fell 126.79 points, or 0.19 percent, to 66,155.95 in the morning. The NSE Nifty fell 26.90 points, or 0.14 percent, to 19,724.10.
Market statistics showed 1,599 shares rising and 637 falling. An further 193 shares traded basically unchanged in the initial phase.
ONGC, HCL Technologies, Coal India, Infosys, and LTIMindtree were among the Nifty’s biggest gainers. However, BPCL, Asian Paints, IndusInd Bank, Nestle, and Power Grid Corporation lost.
Conclusion
Due to mixed global cues, the stock market had a bearish tone at the start of October 16. In the morning, the BSE Sensex fell 126.79 points to 66,155.95 while the NSE Nifty down 26.90 points to 19,724.10. Market statistics showed 1,599 shares rising and 637 falling. Nifty winners included ONGC, HCL Technologies, Coal India, Infosys, and LTIMindtree, while losses included BPCL, Asian Paints, IndusInd Bank, Nestle, and Power Grid Corporation.
