A weak trend was seen in the domestic stock market. Benchmark equity indices started with a decline in the first trading session of the week on Monday. National Stock Exchange (NSE) Nifty 50 opened 0.28% lower at 26,106, while Bombay Stock Exchange (BSE) Sensex opened 288 points higher at 85,284. Broader indices opened in the red at the start of trading. Apart from this, Bank Nifty index also opened 173 points lower at 53,661.
Top Gainer and Top Loser Stocks
Hindalco, NTPC, JSW Steel, Tata Steel and Britannia were the top gainers in the Nifty 50 of the National Stock Exchange at the beginning of trading. Hero MotoCorp, Tech Mahindra, Coal India, M&M and ICICI Bank emerged as top loser stocks in Nifty 50 on September 30.
crude prices
On Monday morning, WTI crude prices are trading 0.41% higher at $68.46, while Brent crude prices are trading 0.42% higher at $71.84. The US dollar index (DXY), which measures the value of the dollar against six foreign currencies, was trading 0.03% higher at 100.45, Financial Express reported.
These shares are in focus
NSE Nifty Metal index rose 1.66 percent to 10,232.05. This is the highest level since listing. Hindalco Industries Limited and Tata Steel Limited contributed the most to the rise of the index. The two-day decline in shares of Welspun Enterprises Limited has stopped. The company’s shares saw a jump of about 6%.
Foreign investors invested this much in September
Foreign investors invested Rs 57,359 crore in Indian equities in the month of September. This is the highest investment in the last nine months. The main reason for this is the cut in interest rates by the US Federal Reserve. According to depository data, this investment has taken foreign portfolio investment in Indian equities to Rs 1 lakh crore in 2024.
