Stock Market Updates: In the stock market Closing on thursday I had a fullstop on the rally for three days, the effect of which is also seen in the opening today. Today, there has been a significant decline in both benchmark indices in the opening. At the start of trading, the Bombay Stock Exchange’s Sensex fell by 440.09 points to 50,405.99 points, the Nifty fell 124.75 points to 14,956 points.
At 09.42 in the morning, the Sensex was trading at 50,609.58, down 263.50 points, or 0.47 per cent. At the same time, the Nifty was trading at a level of 15,016.05 with a drop of 64.70 points i.e. 0.43.
If we talk about yesterday’s closing, then the impact of the resumption of selling in the global stock markets was reflected in local stocks due to the surge in earnings on investment in bonds in the US. Yesterday, the Finance, Energy and Information Technology (IT) shares were sold heavily, due to which the Sensex fell by 599 points to below the level of 51 thousand. Sensex was climbing for three consecutive days.
During the trading, the Sensex had fallen by 905 points. After recovering from it, it finally closed at 50,846.08, a fall of 598.57 points, or 1.16 percent. The NSE Nifty was also down by 164.85 points, or 1.08 per cent, to close at 15,080.75.
On the other hand, if we talk about the rupee, the two-day series of rupee rupture broke between the strengthening of the US dollar against the world’s major currencies and the fall in the local stock market, and the rupee softened 11 paise to close at 72.83 on Thursday. .
(With input from language)