Investors were cautious in the stock market at first amid increasing tension between India and China forces on LAC. Although some purchases were seen in Introde, but later the markets closed weakly. China’s official newspaper claims that on Monday night, the border between the two armies was fired after 45 years. However, the Chinese newspaper said that Goli Bari should be started from India. At present, the Sensex closed at a level of 38,365.35 with a weakness of 52 points. At the same time, the Nifty also lost 52 points and closed at the level of 11,303. The market is getting support from heavyweight stocks like RIL and Infosys. Talking about the global market, the US market was closed on Labor Day on Monday. At the same time, there is an increase in Asian markets today.
In today’s trade, 9 stocks of Sensex 30 are rising. RIL and Infosys are among the top gainers. HCL Tech, TCS, Tech Mahindra and ICICI Bank are also among the top gainers. At the same time, Tata Steel, Airtel, Axis Bank, ONGC, Sun Pharma and NTPC are among the top losers. Out of the 11 major indices on the Nifty, 10 have fallen in red. Only the IT index has closed in the green mark. The index has been up 1 percent. Bank index declined by 1 percent. The metal index has fallen more than 3 percent. Pharma also fell by 1.5 percent. Auto, FMCG and Realty also got red in the mark.