look news india
Even today the signs are not good for Indian markets. There was heavy selling by FIIs in cash and futures trading. Gift Nifty is working down 50 points. Softness is also being seen in Asia. Pressure is being seen in America today ahead of Fed’s decision on interest rates.
Stock market situation is unstable
The stock market started with a decline on Wednesday. At 9.34 am, Sensex recorded a fall of 58.31 points and opened at 80,626 points. While Nifty opened with a fall of 19.50 points at 24,316 points.
America’s alleged influence
The Indian stock market opened in the red on Wednesday ahead of the Federal Reserve’s decision on interest rates. Today is the second day of the two-day meeting of the US central bank Federal Reserve Bank. Fed Chairman Jerome Powell will announce his decision on interest rates tonight. It is expected that the interest rate may be reduced by 0.25 percent.
Which stocks rise and fall?
Bombay Stock Exchange index Sensex opened with a decline today at 80,666.26 points. It was trading 67 points down at 80,616 in early trade. In early trading, out of 30 Sensex shares, 13 shares were on the green mark and 17 shares were on the red mark. At the same time, the National Stock Exchange index Nifty was seen trading down 0.14 percent or 34 points at 24,301 in early trade. In early trading, out of 50 shares of Nifty, 20 shares were seen trading on the green mark and 30 shares were seen trading on the red mark.
