Markets open lower; profit taking seen

New Delhi, Mar 26 (UNI) After a long weekend, the stock market opened lower on Tuesday as both BSE Sensex and Nifty index slipped below 72,700 and 22,100, respectively.

The traders were seen having a cautious approach and watch developments in the Federal Reserve’s approach to fight inflation and upcoming policy meetings.

Bajaj FinSeve, IndusInd Bank, Tata Motors were among the select shares in the green zone, while PowerGrid, Maruti, Airtel, Asian Paints, and Titan opened in the red zone.

The market is likely to remain rangebound in view of no known triggers for either sharp up or down movement during the week.

Markets opened after a long weekend due to Holi on Monday.

Leave a Reply