Best Bank Nifty Tips Provider: Sensex Down 36,400 After Strong Start

In the second trading day of the week, Best Bank Nifty Tips Provider said, there is a continuing decline in the Indian stock market. On Tuesday, the main index Sensex rose by 10.69 points to 36,405.72, while the Nifty opened at 10,879.70 with 9.1 points weakness. Within a few minutes of the business, the Sensex dropped 63 points, to 36,331, and the Nifty too was trading at 10,868.20 with a weak 20.60 points at the same time.

Let's say that after the start of the advance, the Indian stock market closed on the red mark on Monday. If the Sensex broke more than 151 points, the Nifty closed below 10,890 points. Earlier on Friday, the Sensex slipped 424.61 points to 36,546.48 points, while the Nifty slipped 125.80 points to close at 10,943.60 points. Auto stocks were the worst hit during the trade on Monday. Let's say that the sales of automobile companies for the third consecutive month have come down in January. That is why investors are vigilant about the auto sector's share.

Edge Share

On Tuesday, the shares of Coal India, Tata Steel, Vedanta, Power Grid, Yes Bank, Mahindra and Mahindra, Reliance, Asian Paint, ITC, ICICI Bank, Sun Pharma, and HDFC Bank are on the rise. While Kotak Bank, Bharti Airtel, Tata Motors, IndusBank, Axis Bank, HDFC, HUL, and Bajaj Finance.

Rupee hall

In the early trading on Tuesday Best Bank Nifty Tips Provider said the rupee continued to remain steady for the sixth straight day against the dollar. It is six paise strong at Rs 71.12 per dollar. Currency traders said that rupee was supported by the dollar's weakness against other foreign currencies. The rupee has closed 13 paise higher at 71.18 against the dollar on Monday.

Asian market

Asian markets, including Japan, gained strong stance. On Tuesday morning, 225 issues were down 208.73 points, or 1.03 percent, to 20,541.90 against the Nikkei Friday. The Topx Index was 15.67 points lower at 1,555.07 points. In the early business, the highest growth in machinery, storage and port transport service shares was seen. There is a decline in China's currency yuan against the US dollar on Tuesday. Yuan is trading at 6.7765, down 270 basis points compared to the dollar.