A Glimpse on Share Market Update
Today, the Nifty Pharma index was trading 1.61 percent down at 9,491.65 around 11:39 am with most of its components trading in the red.
Shares of Biocon were down 5.94 percent, Sun Pharmaceutical Industries was down 2.83 percent, Cipla was down 1.62 percent and Dr. Reddy’s Laboratories was down 1.44 percent. These shares were the top losers in the pharma pack. On the other hand, Lupin was down 1.01 percent, Aurobindo Pharma was down 0.67 percent and Cadila Healthcare was down 0.16 percent too. These also appeared among top laggards. Benchmark NSE Nifty50 index was down 67.05 points at 10,178.2 while BSE Sensex was down 184.09 points at 33,950.29 at that time. Out of 50 stocks in the Nifty index, 12 were trading in the green, while 38 were in the red.
Shares of YES Bank, BHEL, Tata Motors, ICICI Bank, SBI, Bharti Infratel, Asian Paints, Bank of Baroda and RIL were among the most traded shares on the National Stock Exchange.
A large number of people tries to invest in the stock market. Usually, traders are always on the lookout for some sure shot way or some strategy which is safe and there are minimum chances of losses. In general, investments are always associated with risks but there are some steps which can be taken to make the stock market investment much safer and with low chances of loss. Here are some of the ways which minimize risks and are for a safer stock market investment.
Before you invest, you need to decide the purpose of investing in the stock market. If you want to have a regular income out of the investment then you must do short-term trading. If you want to have a growth in the investment then you should go for long-term investment. The long-term investment is always safer than the short-term trading as it is difficult to anticipate the market movement in short-term.