Stock market continues to be sluggish, 10 stocks boom as soon as market opens

New Delhi.

The stock market witnessed a decline for the second consecutive day.

At 9:58 am, the Sensex was seen trading at 78,782.

12, down 18.

91 (0.

02%) points.

On the other hand, Nifty slipped 13.

25 points to 24,008.

60.

Stock markets fell in early trade on Tuesday amid continued withdrawal of foreign funds and cautious investor sentiment ahead of the US presidential election and the Federal Reserve’s interest rate decision.

In early trade, BSE Sensex fell 326.

58 points to 78,455.

66.

Whereas NSE Nifty fell by 86.

7 points to 23,908.

65.

The rupee fell by two paise to its all-time low of Rs 84.

13.

Among the 30 Sensex stocks, Adani Ports, ITC, Reliance Industries, HDFC Bank, Power Grid and Hindustan Unilever were the biggest losers.

JSW Steel, Tata Steel, IndusInd Bank, Tata Motors, Maruti and Sun Pharma were among the gainers.

According to exchange data, foreign institutional investors (FIIs) sold equities worth Rs 4,329.

79 crore on Monday.

In the Asian stock markets, there was a positive trend in Tokyo, Shanghai and Hong Kong, while there was a decline in Seoul.

American stock markets closed with a decline on Monday.

Vikas Jain, head of research at Reliance Securities, said investors remain cautious ahead of the US presidential election and the US Federal Reserve’s interest rate decision later this week.

.