Mumbai39 minutes ago
- copy link
There is a decline in the stock market today i.e. on Tuesday (May 21). Sensex is trading at 73,850 with a fall of more than 100 points. There is also a decline of about 30 points in Nifty. It is trading at the level of 22,450.
Out of 30 Sensex stocks, 21 are showing decline and 9 are showing rise. A rise of about 3% is being seen in the shares of Coal India. The company’s shares are trading at Rs 482.65 with an increase of Rs 12.95 (2.76%).
Coal India share price as of 9:35 am.
Slight decline in Indian market due to slowness in Asian market
The impact of the death of Iran’s President in a helicopter crash is visible on the entire Asian market. China’s Hang Seng index is down by more than 2%. At the same time, flat trading is being seen in Japan’s Nikkei index. There is also a decline in Taiwan’s stock market today. Its effect is also visible on the Indian market.
Slight rise in ONGC shares
Despite strong quarterly results, there is a slight rise in the shares of Oil and Natural Gas Corporation i.e. ONGC today. Its share is trading at Rs 279.45 with a rise of Rs 0.45 (0.16%).
Yesterday i.e. on May 20, ONGC Limited had released the results of the fourth quarter (January-March) of the financial year 2024. According to this, the company’s profit in the fourth quarter increased by 78% on annual basis (YoY) to ₹ 11,526 crore. The company’s consolidated net profit in the same quarter a year ago was ₹6,478 crore.
The company has announced a final dividend of ₹ 2.50 per share for the financial year 2024. Companies give some part of the profits to their shareholders, it is called dividend. ONGC has released its fourth quarter and annual results today i.e. on 20th May. Click here to read full news
ONGC share price as at 9:28 am.
There was a rise in the market on 18th May
Earlier on May 18, a slight rise was seen in the stock market. The Sensex closed at 74,005 with a gain of 88 points. There was also a rise of 35 points in Nifty. It closed at the level of 22,502.
The stock market opened on Saturday, May 18, which was also a holiday. During this period, two special live trading sessions took place. The first phase would be a 45-minute session which would start at 9:15 am and end at 10:00 am.
The second special live trading session started at 11:45 am and continued till 12:30 pm. This was done to test the disaster recovery site.
