Stock Market Opening: Weak opening of the market, Sensex opened on a decline of 400 points

Stock Market: Outcry in the market, Sensex fell by 1,200 points, Nifty below 17 thousand


new Delhi. As was being speculated, the Indian stock market opened on Tuesday on a big decline. Under the pressure of the global market, the Sensex and Nifty took a dive in the pre-opening session itself. When the Sensex showed a loss of 1,200 points, the Nifty slipped below 17 thousand.

Today proved to be inauspicious for the stock market and investors booked huge profits amid growing fears of Russia’s attack on Ukraine. As soon as the BSE Sensex opened, it fell more than 1,200 points and started trading below 57 thousand. Nifty also fell 360 points to open at 16,847. At 9.25 am, the Sensex was trading at a loss of 952 points and Nifty 276 points.

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all sectors collapsed
No sector could escape from this big fall in the stock market. Weakness was seen especially in banking stocks. Mid cap small cap also got beaten up tremendously. Alam was that all 30 stocks of Sensex were trading in red mark. Dr Reddy’s Labs, L&T, Asian Paints, TCS and UPL were seeing major declines on Nifty.

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Asian markets open on a decline
Most of the markets in Asia are open on Tuesday morning on the decline. Singapore’s exchange saw a fall of 1.31 percent and Japan 3 percent. Apart from this, there was a loss of 0.83 percent in Taiwan and 1.34 percent in South Korea. Hong Kong’s Heng Seng was also trading at a loss of about 3 percent. Indian investors can also be affected by Asian markets, who can move towards a big sell-off.

Tags: Nifty, Sensex, Share market


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