Negative advice on UK vaccine and delayed record high in US bailout package slipped share market
new Delhi. Today, the Indian stock market slipped from a record high. According to the information, the main reason for this is the pressure on Asian markets due to the closure due to the decline of the US markets. In fact, people have been told by the UK government not to take the Corona vaccine if someone has an allergy problem. Also, due to increasing pressure in the market due to delay in the announcement of bailout package in America, the market is seeing pressure. Due to which the Indian stock market is witnessing a downward trend. Let me tell you that on Wednesday, the stock market closed with a record high and touched the 46,000 mark level for the first time in the market.
stock market crash
Today the stock market is witnessing a downward trend. The Bombay Stock Exchange’s flagship index Sensex lost 222.25 points to open at 45881.25 points. While the National Stock Exchange’s major index Nifty 50 is down by 67.95 points to open at 13461.15. While the Sensex closed with a record 46100 points on Wednesday. While the Nifty had crossed the 13500 level. BSE Small Cap 224.38 and BSE Mid-Cap 230.05 points are trading with a big decline. On the other hand, the index of foreign investors CNX Midcap is seeing a decline of 275.40 points.
Oil and banking sector declines
Talking about sectoral index, IT, oil and banking sector is witnessing a decline. The bank exchange is down by more than 180 points. While the IT sector is seeing a decline of more than 130 points. Pharma 60, Capital 124, Consumer durables are trading down by 131 points. Metal 117 and oil sector are seeing a decline of 211 points.
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UPL down by 10%
Firstly, if we talk about the declining shares, then UPL shares are seeing a decline of 10%. While IOSLL stock is trading down by 2.50 per cent. Tata Motors is down 2.41 per cent, Tata Steel shares are down 2.14 per cent and GAIL shares are down 2.08 per cent. On the other hand, Maruti’s shares are trading up by 1.44 per cent, Nestle India 0.86 per cent, Titan 0.69 per cent, Power Grid 0.52 per cent and Divis Lab 0.38 per cent.
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