The stock market which closed with a great gain on Friday, opened with a decline today. On the first day of the week i.e. Monday, the BSE Sensex opened with a decline of 375.79 points at 79,330.12 points. On the other hand, the NSE Nifty 50 index also opened with a decline of 47.45 points at 24,320.05 points. There was a possibility of a big panic in the market today after Hindenburg’s latest report, but nothing like that happened.
Market recovery after initial decline
The market witnessed a decline during the initial trading but now the market is seeing recovery. In view of the current situation of the domestic stock market, India TV had a special conversation with well-known market expert Sandeep Jain and tried to know the outlook of the market.
There is no need for investors to panic
After the Hindenburg report, the shares of Adani Group were seeing a decline during early trading on Monday, but now all the shares of the group are seeing a great recovery. However, many questions are roaming in the minds of investors, do they really need to panic due to this decline? Sandeep Jain, a well-known market expert of the country, while answering this big question of the investors, said that everything is fine in the market. He said that there is no need for investors to panic due to today’s decline. Such fluctuations keep happening in the stock market.
What should Adani Group investors do now?
Sandeep Jain said that such situations motivate the market. He said that such conditions create a better environment for the times to come. On the question asked about buying shares of Adani Group, he said that investors should wait a bit now and those investors who have shares of Adani Group should hold them and wait and watch.
Last week the stock market closed with a great gain
Let us tell you that on the last day of last week, Friday, there was a tremendous rise in the stock market. The BSE Sensex closed at 79,705.91 points with a gain of 819.69 points (1.04%), while the Nifty also closed at 24,367.50 points with a gain of 250.50 points (1.04%).
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