Stock market opening bell: Indian equity benchmarks opened marginally lower on Friday, August 22, following mixed signals from global markets and ahead of key global events, including Fed Chair Jerome Powell’s speech at Jackson Hole.
At open, the BSE Sensex declined 124.78 points, or 0.15 per cent, to 81,875.93, while the NSE Nifty50 slipped 36.50 points, or 0.15 per cent, to 25,047.25. Market breadth was positive with 1,362 stocks advancing, 920 declining, and 151 unchanged.
Among the Nifty gainers were Tata Motors, Bharti Airtel, Jio Financial, L&T, and Hindalco. On the other hand, ICICI Bank, SBI Life, Apollo Hospitals, Bajaj Finserv, and Bajaj Finance were trading lower.
Add Zee Business as a Preferred Source
Several stocks are likely to remain in focus today, including Hindustan Unilever, Wipro, Apollo Hospitals Enterprise, Hikal, GHV Infra Projects, Texmaco Rail and Engineering, Vedanta, Titagarh Rail Systems, and R Systems International, amid news flow and market developments.
On the currency front, the Indian rupee opened 10 paise weaker at 87.37 per US dollar, compared to the previous close of 87.27 on Thursday.
