look news india
Under global pressure, the domestic stock market declined for the fifth consecutive day on Thursday. The market started trading with a decline of more than 200 points. The market is likely to remain under pressure in the initial session. After trading in a limited range, at 9.20 am, the Sensex was trading near 74,400 points, down by about 100 points. Nifty closed at 22,680 points, down by about 25 points.
Signs of decline already visible
Even before the trading started, there was a growing apprehension that the market could go into the red as soon as it opens today. Before the market opened, Nifty futures in GIFT City were trading down by about 70 points at 22,660 points. In the pre-open session, the BSE Sensex fell by up to 275 points, while the Nifty fell by about 90 points.
Wednesday also started with a decline
A big decline was seen in the domestic market on Wednesday. The BSE Sensex closed down 667.55 points (0.89 percent) at 74,502.90. Which is less than the new all-time high of 76,009.68 points made a few days ago. . While the NSE Nifty fell 183.45 points (0.80 percent) to 22,704.70 points yesterday. Global reasons are being blamed for the current decline in the domestic market. Wall Street fell heavily on Wednesday. The Dow Jones Industrial Average fell more than 1 percent to its lowest level in a month. The S&P 500 index fell 0.74 percent and the tech-focused Nasdaq index fell 0.58 percent.
Asian markets are in bad shape
Asian markets are also trading with heavy losses. Japan's Nikkei 22 index is down more than 2 percent. The Topix index is seeing a decline of 1.4 percent. South Korea's Kospi was down 1 percent, while Kosdaq was down 0.6 percent. Hong Kong's Hang Seng index is indicating a bad start in futures trading.
