Barring Nifty Metal index (up 0.83%) all other sectoral indices on the NSE opened lower.
Asian stocks are trading mostly lower on Tuesday as investors watched for reaction to U.S. President Joe Biden picking Jerome Powell for a second term
Chartviewindia.in is bullish on Trident with a price target of Rs 52 per share.
The sell-off wiped off Rs 7.85 lakh crore of investors as the market capitalization of all listed companies plummeted to Rs 261.34 lakh crore.
Most sectoral indices opened in the red on the NSE. Nifty Realty index was the top loser among sectoral indices down by 2.44%.
Asian stocks are trading mixed on Monday as China kept its benchmark lending rate unchanged.
In the Business Standard poll of domestic brokerages, half of the participants expected the Sensex and the Nifty to surge 10-15% in the next one year.
Market momentum has weakened recently and the market appears to be heading for a risk-off mode.
Overseas, Asian stocks are trading mixed on Thursday, following overnight losses on Wall Street.
ShareIndia is bullish on Tech Mahindra with a price target of Rs 1,640 per share.