Mumbai
There has been a big decline in the stock market once again. The impact of the outcry in American stock markets has also been seen on the Indian market on the last trading day. Both the Sensex-Nifty were seen as soon as the index opened. On the one hand, the 30 -share Sensex of Bombay Stock Exchange got 800 points in a short time after opening in the red zone, while the NIFTY of the National Stock Exchange also started the business by slipping up to 250 points. Earlier, on Wednesday, the Sensex-Nifty closed with a strong boom on the last trading day.
As soon as it opened, Sensex-Nifty became
Trade started with a major decline in the stock market and the BSE index Sensex slipped to 81,323.05 compared to its previous closed 81,596.63 and then suddenly slipped 810 points in a few minutes to 80,786. Like the Sensex, NSE NIFTY also broke down to 24,733.95 as compared to its previous closed 24,813.45 and was seen trading 250 points at 24,541 during a few minutes of business.
These 10 shared collapses
Amid this major decline in the market, Tech Mahindra Share (2.50%), PowerGrid Share (2.14%), HCL Tech Share (2%) and Infosys Share were also trading by slipping about 2%. So at the same time, Oil India Share (4%), Ashok Leyland Share (2.50%), Dixon Share (2.40%), UNO Minda Share (2.38%) and Emami Ltd Share (2%) were trading in midcap companies. The fastest decline in smallcap companies came into Paras Cabels Share, which slipped 10 percent as soon as it opened.
Indications of decline were received from here
This major decline in the stock market is actually, after the major decline in the US stock market on Wednesday. There is a boom in the US bond yield and the tax cut bill of President Donald Trump is concerned in US markets. Due to this, Dow Jones Industrial Average closed down by 817 points i.e. 1.9%, while S&P slipped to 1.6% in 500 and 1.4% in NASDAQ. Its impact was also seen on the Asian markets on Thursday and the Gift Nifty Index slipped more than 150 points. Its Nikkei 355 points of Japan, while Hong Kong’s Hangseng was seen trading by slipping 131 points.