Stock market started flat, Sensex-Nifty opened in green but slipped in red

Share Market Today: The stock market started mixed today, where both the Sensex and Nifty slipped into the red after opening in the green in early trade. However, the market continues to be volatile and investors are not getting any clear direction.

Today's status of Sensex and Nifty

This morning, the Sensex started trading with a marginal gain of 46.40 points at 81,554.86 points. At the same time, Nifty also opened with a gain of 19.30 points at 24,635.05 points. Some major stocks are seeing a rise, such as HCL Tech, Tata Motors, Bajaj Finance, ITC etc. However, the market trend is constantly changing, fluctuating in the green and red marks, which can be worrying for investors.

Market closing on Monday

On Monday, there was a declining environment in the Indian stock market. The BSE Sensex closed with a decline of more than 200 points. The Sensex closed 200.66 points lower at 81,508.46. The National Stock Exchange's Nifty also closed 58.80 points lower at 24,619. The market fell due to selling in major companies such as Reliance Industries, Hindustan Unilever and Axis Bank.

Effect of global and domestic factors

According to Vinod Nair, Head of Research, Geojit Financial Services, the tension in West Asia is leading to a rise in crude oil prices, which is also affecting the Indian stock market. Also, retail inflation data is to be released in India and the US this week, and the European Central Bank is also scheduled to hold a meeting on monetary policy. These events have made investors cautious, due to which volatility is being seen in the market.

Investors' stance

Amidst global factors and domestic data, investors have adopted a cautious stance today. Seeing the volatility in the market, investors are avoiding taking more risks. There is an atmosphere of uncertainty in the market, especially due to the increase in crude oil prices and the inflation figures.

Further direction

According to analysts, the market may remain volatile in the next few days. Investors will have to keep an eye on the current market trends and global events. Future trends of the market will depend on inflation figures, crude oil prices and the monetary policy of the European Central Bank.

However, the shares of some strong companies in the Indian market remain bullish, such as HCL Tech, Bajaj Finance and ITC. In such a situation, investors should be cautious while exploring possibilities in the market.