Share Market: Market opened with decline, Nifty below 17100

New Delhi, April 27. Today the stock market opened with a fall. The stock market started with a fall on the third trading day of the week amid weak global cues. The Bombay Stock Exchange’s 30-share Sensex opened at 56,926, down 430 points or 0.75 per cent, while the National Stock Exchange’s Nifty slipped 116 points or 0.67 per cent to open at 17,085 level.

With the opening of the market, about 772 shares rose, 1203 shares declined and 114 shares remained unchanged. Adani Ports, ONGC, HDFC Life, Apollo Hospitals and Sun Pharma were the major gainers on the Nifty, while Bajaj Finance, L&T, Bajaj Finserv, Grasim Industries and Infosys were among the losers.

Earlier on Tuesday, the stock market closed with strong gains in the last trading session. The BSE Sensex index closed at 57,357, up 777 points or 1.37 per cent, while the NSE Nifty index closed at 17,201 with a gain of 247 points or 1.46 per cent.

How was the start of Rs.
Rupee also started weak in today’s trade. On Wednesday morning, it opened with a fall of 9 paise at 76.67 against the dollar. The rupee had closed at 76.58 on Tuesday evening.

Know when the Sensex was started

The Sensex is an index of the Mumbai Stock Exchange (BSE). It is a value-weighted index. It was prepared in 1986 for the Mumbai Stock Exchange. Since then it is considered as an important index not only in India but across the world. 30 companies of BSE are included in the Sensex. Earlier the Sensex scores were calculated on the basis of market capitalization-weighting methodology, but now on the basis of free float market capitalization-weighting methodology. The base year of Sensex is 1978-79. 30 companies are ranked in the BSE Sensex.

Know when Nifty started
The major index of the National Stock Exchange (NSE) is Nifty. The index level is decided by including the top 50 companies of NSE in Nifty. Nifty Index Nifty is made up of two words. These are National and Fifty. The base year of Nifty is 1995. In Nifty 50, the top 50 companies of NSE are selected on the basis of free float market cap data.

how to buy shares from stock market
If one has a desire to invest in the stock market, then he has to first open a demat and trading account with a stock broker. Shares cannot be bought directly from the stock exchange. PAN, Aadhar and bank account are required to open demat and trading account. If you have these documents, then you can easily open an account with a broker and start investing in the stock market. Once this account is opened, you can buy and sell shares online from the comfort of your home.