Nifty Trading Marginally Lower, Opens At 17,695.70 Points, Sensex At 59,285.36 Points

Indian benchmark indexes are trading marginally higher today. On September 5. The Nifty 50 opens at 17,695.70, and Sensex opened at 59,285.36 points. However, the Nifty fell by 0.034%, and Sensex fell by 0.086% at the time of writing. Major indexes are gaining today, like Nifty energy up by 0.92%, Nifty PSU Bank up by 0.91%, while Nifty metal up by 0.52%. However, Nifty IT fell by 0.044%, with Infosys, Wipro, TCS stocks are down today. On the other hand, oil stocks are showing a mixed trend. The share price of ONGC fell by 0.64%, stood at Rs. 132.55, Oil India Limited surged by 1.42%, stood at Rs. 196.20, BPCL fell by 0.31%, stood at Rs. 323.75, at the time of writing.

Meanwhile, in the Asian stock markets, Nikkei stood at 27,629.29 points up by 0.035%, while Kospi stood at 2,410.65 points up by 0.29%, however, Hang Seng Index stood at 19,162.41 points falling by 0.33%.

Apollo Hospitals, Coal India, Adani Ports, ICICI Bank, NTPC, Maruti, Tata Motors, SBI, HDFC Bank, Airtel, Reliance and Cipla are some of the top gainers today. However, Britannia, Tata Consumers, ONGC, TCS, Kotak Bank, M&M, Wipro are some of the top losers today on NSE.

Fresh 52-week high stocks

The top 5 stocks to reach 52-week high level on NSE in intra day trading are Dreamfolks Services Limited up by 48.10%, Sakthi Sugars Limited with a 19.91% gain, Rossell India Limited with an 11.25% gain, GMM Pfaudler Limited with an 8.16% gain, and LG Balakrishnan & Bros Limited with a 7.09% gain. Additionally, Tata Investment Corporation Limited, Apollo Tyres Limited, Vedant Fashions Limited, and NTPC also hit fresh 52-week high-level today.

Fresh 52-week low stocks

The top 3 stocks to reach 52-week low level on NSE are Kamdhenu Limited with a 51.60% intra day fall, Debock Industries Limited with a 4.28% intra day fall, and TruCap Finance Limited with a 2.95% fall.

Commenting on today's market trend, Mr. Rahul Shah, Co-Head of Research Equitymaster told the media, "Although Indian markets are trading at premium to their emerging markets peers, they are not very expensive as compared to their own historical valuations. Therefore this factor and India's growth story is what is endearing FIIs to Indian stocks."