Open Market Day for Shares: As the market began on a steep decline, Sensex broke 600 points and today, the market is selling these shares.
The Indian stock market is showing a decline for the third consecutive trading session today. The impact of the loss in the global market was again reflected in the investors’ sentiment today and they insisted on selling from the very beginning. Sensex started trading today with a fall of more than 600 points.
Highlights
- The Sensex opened at 60,206 this morning, falling 620 points.
- The Nifty opened at 17,978 with a loss of 149 points.
- Nifty Midcap 100 and Smallcap 100 also saw a loss of 2 percent.
Mumbai. The Indian stock market saw a decline for the fifth consecutive day on Friday and today started trading at a loss of more than 600 points. Investors insisted on profit booking from the beginning today and many stocks saw a decline. Sensex has lost more than 2 thousand points in the last 5 sessions.
The Sensex opened with a loss of 620 points at 60,206 this morning and started trading, while the Nifty opened with a loss of 149 points at 17,978 and started trading. Due to Corona, there was a decline in the global market today, whose effect has also been seen in the sentiment of domestic investors. This is the reason why investors started selling and booking profits from the very beginning today. However, as the business increases, there is a slight improvement in Sensex and Nifty. The Sensex fell 345 points to trade at 60,482 at 9.32 am, while the Nifty was trading at 18,015 with a loss of 110 points.
Loss visible in these stocks
Investors started selling in companies like Tata Motors, Tata Steel, Wipro, Hindalco, and Infosys from the beginning of today and due to continuous profit booking, the stocks of these companies came in the list of top losers. On the other hand, buying was seen in companies like Sun Pharma, Dr. Reddy’s Laboratories, Cipla, and ONGC, making these stocks among the top gainers.
Which sector declined
If today’s business is seen sector-wise, then all are doing business on the red mark. Nifty Media, Metal, and PSU Bank index is showing a decline of up to 2 percent. Today Nifty Midcap 100 and Smallcap 100 also saw a loss of 2 percent, while the volatility index in the market has increased by 4 percent.
The Asian market is also on the red mark
Most of the stock markets of Asia are trading on the open and red mark with a fall this morning. While the Singapore Stock Exchange is showing a decline of 0.58 percent today, Japan’s Nikkei is trading at a loss of 1.09 percent. Hong Kong’s stock market is showing a loss of 0.29 percent, while Taiwan’s market is down by 1.29 percent. South Korea’s Kospi is also at a loss of 1.61 percent today.
