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The decline in the Indian stock market is not showing any signs of stopping. Due to slowdown in Asian markets, Indian markets also opened in the red. The index was also trading at a lower level in the pre-open market. When the stock market opened at 9:30 am, 30 shares of BSE opened with a fall at the level of 79,298.46. NSE's Nifty also started trading at 24,100 with a fall of 100 points. But after about one and a half hour, both the indices came in the green zone and a rise was seen.
Nifty also entered the green zone
Like the Sensex, the Nifty index (Nifty 50) also opened lower in the red zone and was trading at 24,087.25, slipping from its previous close of 24,148.20. After this the fall suddenly intensified and the NSE index was seen trading 120.80 points down at 24,028. But around 11 am, it also recovered like the Sensex and was trading at 24,265, up 117 points.
Sensex jumps by 400 points
Today is Monday and on the first day of trading, the stock market opened with a huge fall and the Sensex opened at 79,298.46, below its previous close of 79,486.32. After opening in the red, the fall intensified within a few minutes and the Sensex was seen rising 453.28 points and trading at 79,033 levels.
However, within half an hour of trading, Sensex and Nifty started appearing in recovery mode. At 9.43 am, the Sensex's early session loss was just 35 points, while the Nifty index was trading 24 points lower. At the same time, during one and a half hour trading at 11 am, the Sensex was trading up 359.45 points at 79,875.
Big ups and downs were seen last week
If we look at the performance of the stock market last week, the BSE benchmark index Sensex fell by 4813 points in just five days of trading. From its high of 84,200 on September 30, the index fell to 79,486 on November 8. Along with this, NSE Nifty has also failed to control itself. Last Friday, this index closed at the level of 24,248.20.
These shares fell when the stock market opened
According to the information, if we look at the stocks which fell the most amid the fall in the stock market, among the large cap companies, Asian Paints fell by 8.49 percent to Rs 2534.05. Apart from this, Axis Bank shares were trading at Rs 1145.95 with a decline of 1.34 percent. Shares of Bajaj Finance and Adani Port also opened with a fall of more than 1 percent.
In early trade, shares of midcap companies including Aarti Industries were seen down by 7.90%, Whirlpool shares by 4.09%, UPL shares by 3.77%, RVNL shares by 2.77% and Suzlon shares by 2.30%. At the same time, if we talk about the shares included in smallcap companies, then the share of IFGL Exports was trading with a decline of 9.91%.
