The trend of weakness in the domestic stock market was also seen on Thursday. The share market started in the red. The benchmark Sensex of Bombay Stock Exchange (BSE) fell 318 points to 63730 as soon as the market opened this morning, i.e. at 9.15 am. Similarly, the National Stock Exchange index Nifty was also seen trading at 19025.40 points, falling by 96.75 points. According to the news of Money Control, at the time of market opening today, Axis Bank, IndusInd Bank, HCL Technologies were the biggest gainers on Nifty, while Tech Mahindra, Hindalco, M&M, Bajaj Finserv and HDFC Bank were in loss.
Auto, capital goods, pharma, power index, IT and metal sectors saw a decline of one to two percent. There are signs of decline in the Asian market also. There has been a decline of about 2 percent in the market here.
Huge uproar in pre-opening
In the pre-opening, the stock market showed a strong rise as soon as it opened, but the next moment it took a huge dive. Today at 9 am, BSE Sensex jumped 475 points to the level of 64524.06, but the next moment at 9.01 am, it fell 134 points and was seen trading at 63914.86. Similarly, Nifty of NSE (National Stock Exchange) also opened with a gain of 14.50 points at 19136.65 but immediately fell by 22 points and was seen trading at the level of 19099.30.
Condition of stocks when the market opened.
The market had closed with a big fall in the last session
The share market had closed with a strong fall in the last session i.e. on Wednesday also. BSE Sensex fell 522.82 or 0.81 per cent to 64,049.06 points and NSE Nifty fell 159.60 points or 0.83 per cent to 19,122.15.
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