Share Market: Today the stock market opened with a red mark. The Bombay Stock Exchange’s 30-share major Sensex Sensex opened 36 points lower. At the same time, the National Stock Exchange’s Nifty also opened with pressure. The Sensex opened at the level of 29505 today, which closed at 29,468.49 on Tuesday. The Nifty opened at 8,584.10 on Wednesday. The Sensex was up 487.03 points or 1.65% at 28,981.46 in early trade till 9:30 AM. The Nifty has also slipped 102.60 points to 8,495.15 level.
Sensex falls 379.61 points; currently at 29,088.88 pic.twitter.com/pAH7nrYQa6
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9:20 pm: Shares of L&T, IndusInd Bank, HDFC, Power Grid, Britannia, Cipla, and Ultratech Cement were on the green mark in early trade. Kotak Mahindra Bank, Adani Ports, SBI, ONGC, BPCL, Grasim, Tech Mahindra, Reliance and HCL Tech were on the red mark.
Cause of decline
The decline was seen in many markets across the world along with the US market on Tuesday. The Dow Jones lost 1.84 percent to close at 410.32 points at 21,917.20. At the same time, Nasdaq closed down 74.05 points at 7,700.10. The S&P was down 42.06 points to close at 2,584.59. However, France’s CAC 40 gained 0.40 percent to close at 4,396.12 points. At the same time, the Shanghai Composite of China closed at 2,770.04 points with a gain of 19.74 points.
Share Market on Tuesday
On Monday, more than 3 percent of the strength was seen in the US markets, while the domestic stock market on Tuesday also looked a bit free from the fear of Corona. The Sensex gained 1028.17 points, or 3.62%, to close at 29,468.49. The Nifty also closed around 8600.
The Nifty rose 316.65 points today and closed at 8,597.75 at the end of the trading day. As far as the US stock market is concerned, the Dowguns rose nearly 700 points on Monday. The S&P 500 and Nasdaq saw a jump of over 3%. At the same time, the Asian markets were also bullish, due to which the stock market closed today with a green mark.
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