Market slipped, sharp decline in Sensex-Nifty

BusinessMarket slipped, sharp decline in Sensex-Nifty

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Market slipped, sharp decline in Sensex-Nifty

The domestic stock market has also witnessed weakness today amid weak global cues. There was a slight weakness in the market at the beginning of the business, but later the Sensex broke more than 500 points due to increased profit recovery. The Nifty also fell below 12800. In today’s business, the decline in back and financial stocks has been more. The biggest selling was done in public sector banks. The Sensex lost 580 points at the end of trading and closed at 43,599.96. At the same time, the Nifty declined by 180 points and closed at the level of 12758. SBI and ICICI Bank are the top losers in today’s business. Powergrid and ITC Top Gainer. In yesterday’s business, the American markets saw a decline on the second day. Concern has increased due to increasing cases of corona. Asian markets also weakened today.

In today’s trade, 9 stocks of Sensex 30 are rising. 21 shares are bred in red. SBI, ICICI Bank, Axis Bank, Ultratech Cement, Bajaj Finance, HDFC Bank, Airtel and Tech Mahindra are the top losers of Arj. At the same time, Powergrid, ITC, NTPC, Tata Steel, Titan and TCS have been the top gainers of today.

In today’s business, 10 indices have closed in red mark on the major 11 indices on the Nifty. The bank index is down about 2.85 percent. The financial index declined by 2.2 percent. FMCG has also closed in the green mark. Both PSU and private bank indices have weakened. The auto index has fallen by more than half a percent. The IT index has closed down about 1 percent. Metal, pharma and realty also closed in the red mark.

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