Stock Market: The stock market started with a big decline, Sensex opened by breaking more than 700 points


Stock Market Opening: Today the stock market has started with a heavy fall and the Sensex started trading at 58,022.17 with a fall of 722.92 points or 1.31 percent. The trade was seen in early trade with a fall of 400 points in the midcap index. Trading started with a fall of 192-193 points in Nifty and all 50 stocks were seen trading with a fall. At 9:23 in the morning, Nifty was trading at 17293 and it showed a decline of 240 points at the same time.

There was also a huge weakness in the pre-market opening
Today, in the pre-opening, there was a huge weakness in the market and the Sensex saw a fall of more than 500 points. At 9:13 am, the Sensex was seen trading at 58,254.79, down 540.3 points, or 0.92 per cent.

The effect of trading in the red mark of Asian markets is also visible
If we look at the trading pattern of Japan’s Nikkei, Singapore’s Strait Times, Hong Kong’s Hang Seng and Taiwan market in Asian markets, all of them are seen trading in the red mark. Their effect has also been shown on the domestic market.

Trading only in the green mark of the increase in the pharma index
In the market today, only the pharma index was seen trading with a boom and 15 out of 20 stocks in the pharma index are trading with gains. The biggest rise in pharma stocks was seen in Apollo Hospitals. Only 5 out of 20 pharma stocks showed a decline, but today this sector can be kept in focus. Today, along with pharma, market experts are expecting a bullish trend in chemical stocks as well. Today, Cadila Healthcare was seen trading with a gain of 2.3 percent in the falling market and investors are showing good interest in it.

Read also:

Xplained: Know How Cryptocurrencies Are Regulated in Other Countries

Cryptocurrency News: Reserve Bank’s digital currency will come soon, how will it be different from cryptocurrency, know here

,

Leave a Reply

Your email address will not be published. Required fields are marked *