new Delhi. The Dow Future is gaining momentum after the US Senate agreed to put $ 900 billion into the US economy and Congress approval. The Dow Jones closed at the same time. In the UK, flights have been ordered to be halted again as the threat of new types of corona virus increases. Due to which the pressure on Asian markets has increased. Talking about India, the total number of cases has exceeded one crore, there is a continuous decrease in new cases. Due to all these reasons, the stock market is witnessing a decline today. Let us also tell you what kind of pressure is coming in the market.
stock market crash
Today the stock market opened with a downward trend. The Bombay Stock Exchange’s leading index was trading 176 points down at 46784.65 points at 9:30 am. Whereas it was expected that the market would see a boom today and the trailer of 47 thousand would be seen again. On the other hand, the National Stock Exchange’s leading index Nifty is trading at 13701.35 points, down by 59 points. While it was expected that by the end of this year, the Nifty would cross the 15000 mark. But in the wake of the havoc of foreign businesses and corona virus, it seems difficult.
Big fall in auto banking sector
On the other hand, the condition of sectoral index is not good. Both the auto and banking sectors are seeing a big decline. Bank exchanges are trading with a decline of over 400 points. While Auto is on a decline of 240 points. Consumer durables slipped by 292 points and the oil sector by 151 points. 146 in metal, FMCG is down by 47 points. On the other hand, Pharma is trading at 31 points, IT 26 points, Capital Goods 126 points and Tech Flat level.
Rising and falling stocks
First, if we talk about rising stocks, LT shares are seeing a decline of 2.22%. Cipla shares are trading up by 1.30 per cent, Reliance and Sun Pharma by 1 per cent and Adani Ports by 0.36 per cent. While the shares of Mahindra & Mahindra, ICICI Bank, Tata Motors, GAIL and Divis Lab are seeing a decline of two per cent.