The market, which began trading lower, continues to fluctuate. While the major indices were in the green for a long period, they lacked the momentum to move forward decisively. Unlike previous days, the stocks that had been rising saw larger declines than those that had been falling.
Adani Group companies are in the red today.
IT stocks advanced this morning, following gains in US technology stocks. The IT index rose by 1.3 percent.
Newland Labs dropped by 6 percent after a 3 percent stake transfer in a bulk deal.
Shares of Gopal Snykes fell by 10 percent after a major fire broke out at its factory in Gujarat.
The stock of Nuva Wealth declined by 5 percent after Edelweiss Group sold its entire stake. It transferred 3 million shares at Rs 7025 each for a total of Rs 2100 crore.
Reliance Power surged by 5 percent after securing a large solar power project contract.
Kitex Garments, which had gained 5 percent in the past few days, rose by 3.5 percent this morning.
The rupee weakened slightly today. The dollar opened at Rs 84.84, up by one paisa, and later climbed to a record high of Rs 84.88.
Gold fell on the global market this morning to $2,710 per ounce. In Kerala, the price of gold jewellery remained unchanged at Rs 58,280 per pound.
Crude oil rose slightly, with Brent crude reaching $73.65 per barrel.