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The Indian stock market opened with a fall of more than 350 points on the first day of trading today, Monday, September 30. On Friday also the market closed down by 264 points. Sensex is trading at 85,200 with a fall of more than 350 points. Nifty is also trading 100 points down at 26,060.
Out of 30 Sensex stocks, 16 are declining and 13 are rising. Out of 50 Nifty stocks, 28 are declining and 22 are rising. The biggest decline was seen in the realty sector of NSE.
Top Gainer and Top Loser Stocks
Hindalco, NTPC, JSW Steel, Tata Steel and Britannia were the top gainers in the National Stock Exchange's Nifty 50 in early trade. Hero Moto Corp. Tech Mahindra, Coal India, ICICI Bank emerged as top losers in Nifty 50 on September 30.
Asian markets witnessed huge fluctuations
A strong fall was seen in Japan today and it saw a decline of 1850 points. Its index Nikkei was trading at 37,980.34 with a decline of 1849.22 points. While Japan's market rose 4.64 percent, China's main market index Shanghai Composite rose 4.89 percent and fell 151.03 points. Korea's Kospi was trading at a slight decline.
Nifty and Sensex closed with decline on Friday
Earlier on Friday i.e. 27th September, the stock market had made all-time high for the eighth consecutive day. While Sensex touched a record level of 85,978 and Nifty touched 26,277. However, it later declined and the Sensex closed down 264 points at 85,571. Nifty also fell 37 points and closed at 26,178.
Out of 30 Sensex stocks, 15 stocks rose and 15 stocks declined. Out of 50 Nifty stocks, 29 rose and 20 declined. While one share remained unchanged. The biggest decline was in the media sector of NSE by 1.55%. At the same time, oil and gas had the highest increase of 2.37%.