A big decline was seen in the Indian market in Wednesday’s trading session. Both Sensex and Nifty opened in the red. Till the time of writing the news, Sensex was trading 550 points or 0.77 percent down at 71,004 points and Nifty was down 162 points or 0.73 percent at 21,581 points. Bank Nifty was also trading 439 points or 0.97 per cent lower at 45,062.
On NSE, 479 points are up and 1345 shares are trading in the red. More decline is being seen in midcap and smallcap stocks than in large cap stocks. The Nifty Midcap50 index was trading 1.11 per cent or 151 points lower and the Nifty Smallcap index was trading 86.10 points or 0.55 per cent lower at 15,557 points.
gainers and losers
In the Sensex pack, M&M, ITC, Reliance and Maruti Suzuki are trading in the green. Wipro, Infosys, Tech Mahindra, HDFC Bank, JSW Steel, HCL Steel, IndusInd Bank, TCS, L&T, Tata Steel, UltraTech Cement, Kotak Mahindra Bank, Sun Pharma, ICICI Bank, Power Grid, Asian Paints, NTPC, SBI, Tata Shares of Motors, Nestle, Bharti Airtel, Titan Company, Bajaj Finance, Bajaj Finserv, HUL and Axis Bank are trading in the red.
decline in global markets
A declining trend is being seen in Asian markets. The markets of Tokyo, Seoul and Bangkok are falling. At the same time, the markets of Shanghai and Hong Kong are trading in the red. Crude oil is also trading within a limited range. Brent crude is running at $82 per barrel and WTI crude at $77 per barrel.
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