federal The Indian stock market opened on the red mark on Wednesday ahead of the Reserve Bank’s decision on interest rates. Today is the second day of the two-day meeting of the US central bank, the Federal Bank. Tonight Fed Chairman Jerome Powell will announce his decision on interest rates. It is expected that the interest rate may be reduced by 0.25 percent. Bombay Stock Exchange index Sensex opened with a decline today at 80,666.26 points. It was seen trading 67 points down at 80,616 in early trade. In early trading, out of 30 Sensex shares, 13 shares were on the green mark and 17 shares were on the red mark. On the other hand, the National Stock Exchange index Nifty was seen trading at 24,301, falling 0.14 percent or 34 points in early trade. In early trading, out of 50 shares of Nifty, 20 shares were seen trading on the green mark and 30 shares were seen trading on the red mark.
Condition of Nifty shares
Among the Nifty pack shares, the biggest rise was seen in Apollo Hospitals, Tech Mahindra and Nestle India. At the same time, the maximum decline was seen in Power Grid, BPCL, IndusInd Bank, JSW Steel and Trent.
Situation of sectoral indices
Talking about sectoral indices, the maximum decline was seen in Nifty Media by 0.81 percent. Apart from this, Nifty PSU Bank 0.33 percent, Nifty Private Bank 0.03 percent, Nifty Realty 0.38 percent, Nifty Consumer Durables 0.04 percent, Nifty Oil & Gas 0.16 percent, Nifty Midsmall Financial Services 0.02 percent, Nifty Bank 0.11 percent. percent in nifty auto There was a decline of 0.43 percent and Nifty Financial Services saw a decline of 0.01 percent. Apart from this, a rise of 0.29 percent was seen in Nifty FMCG, 0.43 percent in Nifty IT, 0.91 percent in Nifty Pharma, 0.66 percent in Nifty Healthcare index and 0.12 percent in Nifty Midsmall Healthcare.