Share Market Update: As soon as the market opened, Sensex fell by more than 300, Nifty around 19,537.


India’s stock market has opened after a three-day long holiday. As soon as the stock market opened, a sharp decline was seen in the business. The stock market has started flat. According to the data, the Sensex fell by more than 300 points within just two minutes of the market opening. Sensex has seen a decline on the first day of the week itself. Apart from this, Nifty also registered a fall of more than 100 points. Nifty reached near 19500.

This is how the market opened

Let us tell you that BSE Sensex had opened at the level of 65,813. But it opened with a fall of 14.98 points. At the same time, NSE’s Nifty also registered a fall of 15.90 points. However, this fall was very minor, due to which Nifty opened at 19,622. There was a slowdown in the market due to which there was no excitement in the stock market.

Local stock markets fell in early trade on Tuesday amid weak trend in global markets and withdrawal of foreign funds. BSE’s 30-share Sensex fell 347.09 points to 65,481.32 points in early trade. NSE Nifty was trading at 19,521 points with a loss of 117.3 points.

Among Sensex companies, shares of Maruti, State Bank of India, JSW Steel, HDFC Bank, Kotak Mahindra Bank, Tata Steel, Tata Motors, ITC, Reliance Industries and NTPC were among the losers. Whereas shares of Asian Paints, Hindustan Unilever, UltraTech Cement and Mahindra & Mahindra were in profit. In other Asian markets, Hong Kong’s Hang Seng and Japan’s Nikkei were in loss while China’s Shanghai Composite was in gain. Most US markets closed on a positive note on Monday. Global oil benchmark Brent crude was down 0.89 percent at US $ 89.90 per barrel. Foreign institutional investors sold shares worth Rs 1,685.70 crore on Friday.

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