Sensex Trades Marginally Lower; Tata Steel & IndusInd Bank Top Losers

Share markets in India are presently trading on a negative note. Barring energy sector and consumer durables sector, all sectoral indices are trading in red with stocks in the telecom sectormetal sector and power sector witnessing maximum selling pressure.

The BSE Sensex is trading down by 120 points (down 0.3%), while the NSE Nifty is trading down by 38 points (down 0.4%). The BSE Mid Cap index is trading down by 0.7% and the BSE Small Cap index is trading down by 0.9%.

Speaking of Indian share markets, there has been a steady rise in direct participation by Indians in stock markets as can be seen in the chart below.

Direct Participation in Stock Markets is Growing Steadily

This increased participation has resulted in not just money flowing into mutual funds, but also in the opening of demat accounts.

In fact, the attractiveness of Indian equities and the fact that investing in demat accounts is now very easy has led to a steady rise in accounts.

What more, this trend is all set to continue, as the Indian stock markets scale new highs in the coming years.

The rupee is trading at Rs 71.67 against the US$.

The rupee depreciated by 48 paise in early trade today ahead of the Reserve Bank of India's policy review meet.

Market participants are tracking IDBI bank share priceGSK Pharma share priceFuture Retail share price, and Novartis India share price as these companies are set to announce their December quarter results later today.

You can also read our recently released Q3FY19 results: Reliance IndustriesFederal BankInfosysTCSTridentHDFC BankMaruti SuzukiDHFLGruh Finance.

In the latest development from the results corner, Titan Company share price is witnessing buying interest today as the company has reported a 46% growth in its net profit in Q3FY19.

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Disclosure: Equitymaster Agora Research Private Limited (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. ...

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