The stock market fell today, Sensex-Nifty fell.
New Delhi:
Share Market Updates : After sluggish economic data surfaced on Wednesday and mixed signals from global markets, the domestic stock markets opened with a fall on the last day of the trading week. BSE Sensex fell nearly 400 points. At the same time, the Nifty also fell by more than 100 points. In the opening, the Sensex fell by 392.12 points or 0.64% to open at 60,843.18 points. At the same time, Nifty opened at 18,143.50 with a fall of 114.30 points or 0.63%. Prior to this, it was continuously visible in the market for the last five days. However, on Wednesday, the impact of economic data was slightly visible on the market. At the same time, investor enthusiasm about the quarterly results of the three IT companies was dampened by weak macroeconomic data (retail inflation and IIP).
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According to official data, the growth of industrial production slowed down for the third consecutive month and grew by only 1.4 per cent in November 2021. At the same time, retail inflation rose to a six-month high of 5.59 percent in December 2021.
Today at 10.05 am, the Sensex had fallen by 228.23 points or 0.37% to the level of 61,007.07. At the same time, Nifty also fell by 58.55 points or 0.32% to the level of 18,199.25.
In today’s opening, 26 shares of BSE index were in decline. The biggest fall was recorded in HCL Tech, Asian Paints, HDFC and Axis Bank. At the same time, only Reliance, Maruti, Titan and Bajaj Finserv were in the green.
If we talk about the previous closing, then the Sensex had closed 85 points on Thursday. The Sensex closed at 61,235.30 points, up 85.26 points, or 0.14 per cent, in volatile trade. At the same time, Nifty closed at 18,257.80 with a gain of 45.45 points or 0.25 percent.