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Share Market Today: Sensex plunges by 600 points as stock market opens, Nifty also falls

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A big drop in openings was recorded in the stock markets today.

New Delhi:

Share Market Updates: On Monday, May 3, 2021, the beginning in the domestic stock markets has not been good. With the start of the trading week, both the benchmark indices have fallen by 1 percent. The Sensex-Nifty has opened today with a second wave of coronavirus and weak global cues. The Sensex has registered a fall of over 600 points.

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In early trade, the Sensex fell 607.32 points to 48,175.04, the Nifty fell 152.45 points to 14,478.65.

If you look at the data at 10.28 pm, the Sensex was showing a decline of 396 points, or 0.81 per cent, and the index was trading at a level of 48,386.36. At the same time, the Nifty was trading at a level of 14,531.15, a decline of 99.95 points i.e. 0.68 percent during this period.

Today there is a negative trend in Asian markets. Wall Street also closed down in the last trading session. At the same time, SGX Nifty is also showing negative attitude.

Let us know that among the top 10 most market capitalized companies of the country, the market capital of seven companies registered a strong increase of 1,62,774.49 crore last week. Reliance Industries Limited and Bajaj Finance have contributed the most in this.

During the week, the market capitalization of Reliance Industries Ltd. increased by Rs 57,086.67 crore to Rs 12,64,369.99 crore. Bajaj Finance’s market capitalization rose by Rs 47,526.08 crore to Rs 3,28,639.08 crore. ICICI Bank’s market capitalization rose by Rs 21,033.34 crore to Rs 4,15,348.35 crore during the week.

(With input from language)

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