The stock market opened with a major decline today. The Sensex and Nifty have risen as soon as the market opens. In early trade, the Bombay Stock Exchange (BSE) Sensex fell 500 points and the National Stock Exchange (NSE) Nifty fell over 180 points. However, some improvements were later observed. By the time the news was written, the Sensex was trading below 188.78 points and the Nifty was trading below 38.65 points.
Major index red
Like the earthquake tremors in Delhi, there has been an earthquake of decline in the stock market today. The reason for the continuous pressure in the market is the cause on selling by foreign investors and tariff policies of US President Donald Trump. Last Friday too, foreign investors withdrew money from the market. Most of the major indices are still completely red mark. The Nifty PSU bank index declined by 0.69%. While the auto index has fallen by 1.30%.
Here are the top losis on NSE
Mahindra is number one among the most declining shares on NSE. By 10 am, M&M shares were below 4.13%. After this, Hero Motors (-2.26), ICICI Bank (-181), Tata Steel (-147) and BEL (-1.46) were the biggest losses.
