look news india
After the turmoil in the global markets, there was a stir in the Indian stock markets as soon as the market opened today on the first day of the new week. The biggest fall ever was recorded in the Sensex. In pre-opening, the Sensex fell by 4000 points and as soon as the market opened, the biggest fall in the Sensex was 2393 points.
Last week on Friday, a big fall was seen in the stock market. The shares of all the major companies fell like a pack of cards. The American stock market was shaken by the effect of recession in America. Which had a direct impact on the Indian markets. Now the first working day of the week, Monday, is starting to look like Black Monday.
Decline was seen as soon as the market opened
Due to heavy selling in global markets, Indian stock markets witnessed a big decline today. Sensex opened down by about 2400 points compared to yesterday's closing. Nifty also opened with a decline of more than 400 points. Bank Nifty opened 760 points down. Sensex opened at 78,588, down by 2393 points. While Nifty opened at 24,302, down by 415 points. Bank Nifty opened at 50,586, down by 764 points. Smallcap index was down by about 480 points. Realty sector declined by about 4 percent. PSU Bank index also fell by 3 percent.
Asian markets including GIFT Nifty and US futures market witnessed a huge decline. GIFT Nifty was recording a huge fall of more than 350 points. Nikkei 2000 index fell. US futures market was also in red. Dow was down 230 and Nasdaq futures 399 points. On the other hand, in the US market, Dow fell 610 points on Friday. While Nasdaq fell 418. On Friday, domestic markets saw a turnover of 13,000 crores by FIIs.
