new Delhi. Today the stock market picked up rapidly from the initial trade, but this market boom could not sustain even for 15 minutes and fell by more than 400 points from the upper level. Currently, the Sensex is trading down by 44.13 points. While the Nifty 50 is seeing a decline of around 15 points. Consumer durables and auto sector are seeing a big decline. According to experts, partial night lockdown in Maharashtra and Corona’s new strain in the UK is causing uproar in the market. The market may see further decline.
Sensex and Nifty fall
The stock market opened at a rapid pace, but came at the red mark with that speed. The Bombay Stock Exchange’s flagship index Sensex is trading at 45509.83 points, losing 44.13 points. While today the Sensex rose by about 370 points. That is, in 15 minutes, the Sensex fell by more than 400 points from the upper level. Nifty 50, the major index of the National Stock Exchange, is trading at 13313.80 points with a loss of 14.60 points.
Big sector red mark
Today, there is a decline of more than 350 points in the consumer diary. While Capital Goods is trading down by more than 250 points. The auto sector is also down by 250 points. Forma sector is down by 193 points. The FMCG sector is also trading at a red mark with a decline of 29 points. The bank exchange is trading down by 102 points. The oil sector is down by 121 points.
Rising and falling shares
First of all, when talking about the declining shares, the shares of Tata Motors and Bajaj Finance are seeing a 3 per cent tax fall. While shares of IOC ITC and ONGC are down by 2%. On the other hand, shares of HCL, Tech Mahindra and Power Grid are gaining momentum by 1 percent. While Eicher Motors and Hindustan Unilever are seeing slight gains.