The stock market has been surprising investors for several days. With the opening of the market, while Sensex-Nifty open with a strong rise, in a short time this rise is turning into a fall and in the end both indices break down badly and close lower. The same situation is observed on Thursday, the fourth business day of the week. Sensex, a 30-share Bombay Stock Exchange, initially jumped 135 points, then fell 227 points in a few minutes.
Sensex fell below 80000
Even on Thursday, the fourth trading day of the week, the stock market seems to surprise. Despite global signs of sluggishness, both the Sensex and Nifty indexes opened in the green zone. BSE Sensex started trading at the green mark and was seen jumping 135 points and trading at 80,215 level. But suddenly this initial momentum was left behind and the Sensex entered the red zone. Until the time of writing the news, at 9:35 a.m., Sensex was trading at the level of 79,854.16 after losing 227.82 points.
Nifty also fell early
Not only Sensex, Nifty also seemed to follow in its footsteps and in a short time it fell by about 90 points to the level of 24,341.20. Earlier on Wednesday, Nifty fell 37 points to close at 24,435, while Sensex fell 138 points to close at 80,081. A decline was also seen in small and midcap indices including Bank Nifty.
These 10 stocks were scattered as soon as they opened.
If we talk about the 10 stocks that fell the most amid the sudden market crash on Thursday, then let us tell you that 16 of the 20 stocks included in the large cap category of BSE were trading in the red till the time of writing the news. . These included HUL Share, which was trading down 5.29% at Rs 2,515.10, while Nestle India Share was trading down 1.70% at Rs 2,287.50. Apart from this, Bharti Airtel Share also fell by 1.50% and was trading at Rs 1,661.
Status of Mid and Small Cap Stocks
KPI Tech Share, included in the midcap category, fell 7.62% to Rs 1,507.80, Escorts share fell 7.36% to Rs 3,430.25 and PEL share fell 2.81% at Rs 1,015.55. On the other hand, companies in the small cap category including JCHAC Share were trading down 10.03%, Haritage Food Share down 5%, KICL Share down 5% and Reltd Share down 4.99%.
(Note: Before making any investment in the stock market, definitely consult your market experts.)
