Stock Market Updates: Due to increasing cases of coronavirus and economic lockdown in Europe, the global stock market is showing a negative trend, which is also visible on the domestic stock market today. Corona cases are also increasing rapidly in the country, the effect of which is visible. Today both benchmark indices are opened in red mark. The index of the National Stock Exchange has gone below the 14,500 level today.
If we talk about 10.03 in the morning, the Sensex was trading at a level of 48,728.94, taking a decline of 451.37 points. At the same time, the Nifty was trading at a level of 14,422.70, taking a drop of 126.70 points i.e. 0.87 per cent.
On opening, BSE Sensex opened 251.65 points, or 0.53 per cent, down at 48,945.65, while NSE Nifty opened 69.45 points, or 0.47 per cent, at 14,480.16 levels. BSE Midcap and BSE Smallcap declined by 1 per cent and 1.3 per cent respectively.
Please tell that on Wednesday, the biggest drop of this month was recorded in the stock market. Due to the fall in the global markets, the domestic stock market came under the pressure of sharp selling on Wednesday. The BSE Sensex had fallen by 871 points. This was the biggest drop of the Sensex this month. The BSE-30 Sensex closed at 49,180.31 points, a loss of 871.13 points or 1.74 percent. At the same time, the Nifty lost 265.35 points or 1.79 percent to 14,549.40 points.
Yesterday, investors lost Rs 3.27 lakh crore of capital due to the fall. The market capitalization of BSE listed companies declined by Rs 3,27,967.71 crore to Rs 2,02,48,094.19 crore.
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