Opening Bell Sensex Falls Over 450 Points, Nifty Below 25,250 TechM, Wipro Slump Up To 6

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00:00the first rates will be up for you in just about a second from now nifty three times of a percent

00:04lower at open 25 250 thereabouts is where we are at sensex three times of a percent open the

00:10advanced decline ratio quite even steven right now nifty bank absolutely flat first up let's take a

00:16look at what nifty it is doing and what the cuts are looking like when it comes to that space and

00:21how some of the stocks are performing it's tech mind that's lower by four and a half percent

00:24nifty it all in all a three and a half percent cut on that index wipro infosys tcs hcl tech along with

00:31tech minder these are your top 50 uh top nifty 50 losers right now some other stocks that could be

00:37in focus right now you have emphasis a five percent cut over there ldi mine trees uh hcl tech of ss tcs

00:44all of these stocks absolutely in the red as we speak now from the consumption basket on the back

00:50of the gst cut united spirit is doing well a one and a half percent uptick coming there not much

00:55happening for imami uh hul colgate nestle a mild a bit of gain coming in for some of these stocks

01:01tata consumer britannia dabber they continue to be absolutely flat from the auto space it's

01:06tire stocks that are doing okay today mrf is doing well as is the case with seatt apollo on the flip side

01:12tata motors ashok helen bhar thought absolutely flat so we give these stocks some more time to react

01:18in today's trade but yes the entire focus is on nifty it today let's pull up some of the um

01:23other stocks that could be in focus yes bank we understand from agencies that they're looking to

01:27foray into wealth management space so yes bank could be another stock in focus seven times four percent

01:32uptick at open garden reach on the back of their 62.4 million us dollar win that they have uh

01:38bagged right now so garden reach also a stock in focus and that's up 3.6 very positive move on garden

01:44reach this morning lupin on the back of the usfd investigation that has concluded with four

01:49observations for their pune plant a principal cut coming in on lupin shipping corporation as we were

01:55talking about multiple mous signed with btcl hppl ioc to operate and manage large vessels the shipping

02:01corporation is the stock in focus uh today and a four and a half percent uptick coming in and open very

02:07healthy move coming in for some of these defense and shipping stocks this morning also on that note want

02:12to see what ashoka bilkon is doing they've banged an 18.5 million euros project in uh sweden for

02:19100 water wells so uh this is an ivory coast project has been given by sweden so that's stock in focus

02:24but not doing all that much hindustang copper has signed the raka mining release deal for 20 years in

02:30jamshedpur so this is also positive coming in for the stock hindustang copper absolutely flat pnc infra

02:36they've bagged an loa from the bihar state road development corporation for an order worth

02:41for 95 and a half crore rupees so pnc infra also doing very well a three and a half percent uptick

02:46is what we're seeing sister anything that you're spotting in that standing out to you today

02:50oh indeed all these shipping and defense counters they are definitely doing very well like you have

02:55highlighted grse is almost a five percent is shipping corporation almost a five percent jump coaching

03:00shipyard muskow dog add to that list other than that united states is actually one of the top gainers on

03:05the fno side almost a one and a half percent gain coming in over there and along with that is the

03:11life insurance counters that is once again seem to be doing well stocks like htfc life sbi life they

03:16are higher by over a percent what a fun idea one of the news makers on friday once again almost a two

03:22percent jump coming in on this particular counter we watch out for some of the other telecom players

03:27because bharti etter on the back of that putsy rebalancing was also in focus beatria one of the

03:33movers on friday continuing its up move almost a one percent jump there but along the flip side yes

03:39of course a big drag coming in on the it space all these tech majors are indeed declining uh in today's

03:47trading session and along with that some of these uh counters within the financial space are also

03:52seem to be taking a bit of a hit but yes of course it's um nifty 50 that is down almost 90 odd points and

03:59nifty bank it's trying to stabilize around that 55 400 levels but interesting to note that it's a

04:06danny enterprise that is now seem to be taking the front lead almost a one percent uh 1.6 percent jump

04:12coming in on adani enterprises so like we have been uh talking about that if it seem to be taking a

04:19backseat let's see whether or not some of the other sectors and themes come out and take the lead from

04:25the forefront talking about the breadth of the market that's almost even steven with respect to a little

04:32bit of a uh a little bit of a number of declines that is seem to be inching um more than versus what

04:41we have seen in number of the advances but along with that it's india wicks that is also up almost

04:46five percent as we speak right now but kuna help us understand how do you see the market open it's um

04:53it's almost on the expected lines with respect to what even gift nifty was indicating

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