Sensex opened marginally higher, with markets off to a cautious start due to global pressure.

Share market opening on March 27: The domestic market opened cautiously on Wednesday amid global pressure. Both the major indices BSE Sensex and NSE Nifty opened with modest gains.

At 9.20 am, the Sensex was slightly above 72,630 points, up nearly 160 points. The Nifty was trading up 53 points at 22,058 points.

Early market signals

Before trading resumed, Nifty futures in Gujarat’s Gift City were down nearly 40 points at 22,050 points. In the pre-opening session, the local market saw a modest rise. In the pre-opening session, the Sensex was a little below 72,700 points with a gain of 222 points. At the same time, it had crossed 22,050 points with an increase of about 50 points.

Mixed trend in global market

Global markets are seeing a mixed trend. Wall Street was lower on Tuesday. The Dow Jones Industrial Average and the S&P 500 fell for a third straight day. The Dow Jones fell 0.08 percent, while the S&P 500 lost 0.28 percent. The Nasdaq closed down 0.42 percent. Asian markets are showing some momentum today. Japan’s Nikkei is up 0.24 percent and Topex is up 0.4 percent. South Korea’s Kospi fell 0.1 percent, while the Kosdek was steady. Hong Kong’s Hang Seng is showing signs of early losses.

A similar decline was observed on Tuesday

Earlier, a fall was recorded in the open market on Tuesday after the holidays. The domestic stock market remained closed on Monday due to Holi festival. After the close of business on Tuesday, the Sensex lost 361.64 points (0.50 percent) to close at 72,470.30 points. While the Nifty fell by 92.05 points (0.42 percent) to 22,004.70 points.

Only one business day left.

This is the last week of the current financial year for the stock market. After today, there will be only one day of trading in the stock market this financial year. The market will be closed on Friday 29th March due to Good Friday. After that there will be a weekend off on Saturday and Sunday. From Monday, the month will change and with it the beginning of a new financial year.

State of shares of large companies

Shares of most major companies were seen in the green zone in early trade. Out of 30 Sensex stocks, 21 were in profit, while 9 were in the red. Shares of Maruti Suzuki were the top gainers of 1.27%. Reliance Industries also gained more than 1 percent. On the other hand, Wipro was the biggest loser at 0.53 percent.

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