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Weak starting of stock market,Yes bank's share climb by 3%

On Tuesday, the domestic stock markets opened the season with a red mark. Market watchers are on the outcome of the review meeting of Reserve Bank's Monetary Policy Committee (MPC) on Thursday. Businesses are expected to reduce interest rates. On Wednesday, the stock market will be closed on Eid.

Asian markets have weak signal too. Decrease in crude oil prices and the strengthening of the rupee prevented the scarcity of market weakness. The rupee appreciated by about 23 paise. Foreign investors' positivity positively towards the Indian market.

 At 9.30 am, the BSE Sensex was recorded at a level of 40,233 with a slight decline of 34 points or 0.09 percent. On the other hand, the Nifty 50 index also saw trading at 12,074 level with a weak weakness of 14.25 points or 0.12 percent.

 On Monday, the American stock market got a softening trend. In the Dow Jones, a slight increase of 0.02 percent was recorded, while the S & P 500 Index was up 0.28 percent. Nasdaq composites ended the session with a dive of 1.61%.

 The BSE Midcap and Smallcap Index gained halfway up to half a percent. Index of IT and tech sectors dipped to 1% on BSE. However, Realty, Capital Goods and Power Index also made a jump of one per cent.

 Hero Motocorp's share of the BSE Sensex fell 2 percent to Rs 2,785.75. Shares of Tata Consultancy Services fell 1.82 per cent to Rs 2,199. Stocks of HCL Technologies, Asian Paints and Bajaj Auto fell 1.71 percent, 1.30 percent and 1.10 percent, respectively.

 On the other hand, Yes Bank's shares increased by 2.71 per cent to Rs 153.40. NTPC's share rose by 1.62 per cent to Rs 135.20 The shares of Power Grid, Larsen & Toubro and Tata Motors rose 1.30 percent, 1.10 percent and 1.09 percent respectively.
On Monday, Foreign Portfolio Investors (FPI) have made a lot of purchases. During the last session, he invested Rs 3068.88 crore net. However, domestic institutional investors (DII) sold shares worth Rs 462.69 million crore.

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