New Delhi. Due to the fall in banking shares, the stock market is witnessing a sharp decline on the last trading day of the week. Where the Sensex fell by 1100 points compared to yesterday. At the same time, the Nifty 50 saw a fall of more than 250 points. More than 3.50 lakh crore rupees of investors were washed away in this blood bath of the market. Let me tell you that the market has been witnessing a boom for the last four days. The fall of the previous week was recovered by the market, but today’s fall has washed everything once again.
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Stock market collapses
The last trading day of the week is witnessing a big fall in the stock market. Currently, the market has definitely recovered you a bit. The Bombay Stock Exchange’s flagship index Sensex is trading at 50350 points, down 689.31 points. Whereas during the trading session, the Sensex fell by nearly 1100 points to 49950.75 points. On the other hand, the National Stock Exchange’s leading index Nifty 50 is currently trading at 14904.85 points, down by 192.50 points. Whereas during the trading session, it was trading at 14777 points, down by more than 300 points.
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Big fall in banking sector
Today there is a big decline in sectoral index. The banking sector is the most broken. Bank Exchange 1141.22 and Bank Nifty are seeing a decline of 1005.10 points. While BSE Auto is trading down by 210.65 points. Capital Goods 239.46, Consumer Durables 216.17, BSE IT 211.15, Oil & Gas 74.93, BSE PSU 55.79, Tech 82.06, BSE FMCG 11.99 and BSE Healthcare are trading down by 27.99 points.
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Rising and falling stocks
First of all, if the declining shares, IndusInd Bank is trading 3.69 per cent, ICICI Bank 3.05 per cent, Axis Bank 2.81 per cent, Tata Motors 2.43 per cent, Housing Development Finance Corporation 2.41 per cent. On the other hand, Coal India was up 2.63 percent, Maruti Suzuki India 1.16 percent, Indian Oil Corporation 0.99 percent, Bharat Petroleum Corporation 0.86 percent and Nestle India 0.82 percent.