Indian Stock Market Opened With Heavy Fall Due To Global Cues

The Mumbai Stock Exchange index Sensex fell by 827 points to 58,710 points, while the National Stock Exchange's Nifty opened with a decline of 274 points at 17,485 points.

Thu, 01 Sep 2022 10:37 PM (IST)
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Indian Stock Market Opened With Heavy Fall Due To Global Cues
Indian Stock Market Opened With Heavy Fall Due To Global Cues

After the holiday of Ganesh Chaturthi, on the first trading day of September, the Indian stock markets opened with a fall. There is a decline in the stock markets around the world, due to which there is pressure on the Indian markets as well. The Mumbai Stock Exchange index Sensex fell by 827 points to 58,710 points, while the National Stock Exchange's Nifty opened with a decline of 274 points at 17,485 points.

Sector's condition
In the market, except media and real estate, all sectors are trading in the red mark. Selling is being seen in the shares of IT, Banking, Auto, Pharma, FMCG, Energy, Metals, Consumer Durables, and Oil and Gas sectors. However, there is a rise in mid-cap and small-cap stocks. Out of all 50 stocks of Nifty, 7 shares are trading in the green mark and 43 in the red mark. So out of all 30 stocks of Sensex, 5 shares are trading in the green mark and 25 shares are trading in the red mark.

falling stocks
If we look at the stocks falling in today's trading session, then Infosys 2.34 percent, TCS 2.17 percent, Reliance 1.90 percent, HDFC 1.75 percent, Nestle 1.56 percent, ICICI Bank 1.55 percent, HDFC Bank 1.54 percent, HCL Tech 1.53 percent, Tech Mahindra 1.46 Trading with a drop of percentage.

rising stocks
The stocks which are trading in the green despite this fall include Bajaj Finserv at 2.42 percent, Bharti Airtel at 1.45 percent, UltraTech Cement at 0.84 percent, HDFC Life at 0.57 percent, Asian Paints at 0.51 percent, Tata Consumer 0.41 percent, SBI 0.07 percent. doing business with.

Junja Choudhary He is an Editor in Chief, News Personality and Factchecker. 7 Years experience in Print and Digital Journalism.