Share Market Live Update: While the Indian stock market fell on Tuesday, the US stock markets remained bright. The effect of the US stock markets closed with an increase is visible on the domestic stock market today.
After closing on the decline of the last five sessions, today i.e. on Wednesday, the 30-share Sensex of Bombay Stock Exchange rose 278 points to open at 56,741 level, while Nifty also started trading today with a green mark. However, on Tuesday too, the market opened with a green mark and had come to the red mark within a few minutes.
Let us tell you that the US stock markets closed with gains on Tuesday. Dow Jones closed at Rs 34911 with a gain of 1.45 per cent i.e. 499 points. The Nasdaq jumped 2.15 percent to close at 13619, while the S&P also registered a jump of 1.61 percent. It closed at 4462 with a gain of 70 points.
3 big reasons for the fall in the stock market, loss of more than Rs 9 lakh crore in 5 days
The Sensex was up by 407 points at the level of 556870 in early trade. Whereas, Nifty was trading at 17072 with a gain of 113 points. In early trade, except Power Grid, IndusInd Bank, Bajaj Finance and Kotak Mahindra Bank, all stocks were on the green mark on the Sensex. Today Adani Wilmar is fast while Adani Power is also running fast.
Inauspicious to Mars: Loss of Rs 9.14 lakh crore in 5 days
Domestic stock markets fell for the fifth consecutive trading session on Tuesday. Before the close of trading, the BSE Sensex closed down 703.59 points due to selling. The market came down with losses in shares of HDFC Bank, HDFC Ltd and Infosys, which are the strong losers in the index.
In a volatile trade, the 30-share Sensex ended 703.59 points lower at 56,463.15 on selling pressure ahead of the close of trading. During trading, it went up to 57,464.08 points in the high and came down to 56,009.07 points. The Nifty of the National Stock Exchange also closed at 16,958.65, down 215 points, or 1.25 percent.