Opening Bell: Volatility engulfs Indian market, Sensex, Nifty open lower

The Asian stock markets are trading lower on Friday after an exchange of fire in eastern Ukraine and reintroduced U.S. warnings of an imminent Russian invasion had investors looking for safety ahead of the weekend and expiry.

The Asian stock markets are trading lower on Friday after an exchange of fire in eastern Ukraine and reintroduced U.S. warnings of an imminent Russian invasion had investors looking for safety ahead of the weekend and expiry. 

The BSE Sensex has opened at 57,837 down by 54 points. Following it the BSE MidCap opened with a gap down at 23,934 falling by 30 points. The BSE SmallCap is also trading in red today morning at 27,393 dropping by merely 33 points. The top gaining stocks on the BSE Sensex are Larsen & Toubro, Tata Steel, NPTC, Maruti Suzuki India, and Induslnd Bank. The stocks that are trading in red this morning are Wipro, Tech Mahindra, Infosys, and UltraTech Cement. 

The Nifty 50 index is following the trend trading in red at 17,294 down by 9 points. The Bank Nifty is trading also in positive this morning at 37,547 levels up by 16 points. The stocks trading positive on Nifty 50 index are Coal India, UPL, Larsen & Toubro, and SBI Life Insurance. The stocks in the negative are Cipla, Wipro, Hero MotoCorp, ONGC, and Tech Mahindra. 

There are 1286 stocks that have advanced and 1449 stocks that have declined in the morning session. 153 stocks are locked up in the upper circuit and 183 stocks are locked in the lower circuit today. The top trending stocks this morning are Adani Green, Adani Power, Tata Power, and Advance Enzyme Technologies.