The Indian stock market opened sharply today i.e. Wednesday, 25 September. Yesterday, on Tuesday, the market closed at a historic high. The Sensex is trading at 84,800, down by about 100 points. On the other hand, the Nifty is witnessing a decline of about 50 points, and the Nifty is trading at the level of 25,900.
IT, banking and FMCG stocks are witnessing a decline. Similarly, metal and energy stocks are also witnessing a rise. Earlier yesterday, on September 24, the stock market had made its all-time high for the fourth consecutive trading day.
The market made an all-time high on Tuesday
Earlier yesterday, on Tuesday, September 24, the Indian stock market had made a historic high for the fourth consecutive trading day. During trading, the Sensex touched 85,163 and the Nifty touched 26,011. However, after this the market declined and the Sensex closed 14 points lower at 84,914. At the same time, the Nifty closed at 25,940, up just 1 point.
A historical record was created just two days ago this week
Earlier, at the beginning of this week, the domestic stock market had reached new record highs on both days. On Monday, the Sensex set a new record of 84,980.53 points and Nifty50 set a new record of 25,956 points. After which, after a slow start on Tuesday, the market again reached a new peak and for the first time the Sensex managed to cross the level of 85 thousand points and Nifty 26 thousand points.
After the second day of the week, the Sensex and Nifty closed almost flat. The Sensex closed at 84,914.04, down 14.57 points or 0.02 per cent. While the Nifty was up 1.35 points or 0.01 per cent at 25,940.40 points.