Share Market: Beginning of the week with a huge fall, Sensex fell by more than 500 points, these shares are in loss
The stock market is the victim of a big fall today, 1 percent fall in the opening.
Mumbai:
Stock Market Updates : This week has started with a big fall in the domestic stock market. With the opening of the market on Monday, they fell victim to the fall. Both the benchmarks lost more than 1 per cent in the opening. There were negative signals from the global market today, the effect of which was seen. Banking and financial stocks were the biggest losers.
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If we look at 10.15 in the morning, the Sensex had fallen by 357.44 points or 0.67% and the index remained at 52,782.62. At the same time, Nifty was down at 15,828.20, the index has fallen by 95.20 i.e. 0.60% during this period.
In the opening, the Sensex had fallen 503.57 points or 0.95% and the index had reached 52636.49. At the same time, during this period, Nifty fell by 141.20 points or 0.89% to reach 15782.20.
All sectoral indices were trading in the red mark. The biggest fall of two percent in the Sensex was in HDFC Bank. Apart from this, HDFC, IndusInd Bank, Kotak Bank, Axis Bank and ICICI Bank were also in the red mark. On the other hand, NTPC, Bharti Airtel, Titan, PowerGrid and Reliance Industries were trading with profits.
Asian stocks saw a significant decline today. There is an atmosphere of fear in the market due to the fear of inflation and rising coronavirus cases. Japan’s Nikkei fell 1.3 percent today. At the same time, the Cospi also declined by 1 percent.
In the previous session, the Sensex closed 18.79 points or 0.04 per cent lower at 53,140.06, while the broader NSE Nifty slipped 0.80 points or 0.01 per cent to end at 15,923.40. According to provisional data of the stock market, foreign institutional investors (FIIs) sold shares worth Rs 466.30 crore on a gross basis on Friday.
Meanwhile, international oil benchmark Brent crude fell 1.16 per cent to $72.74 per barrel.
(with input from language)