Sensex Fell 138 Points Amid Heavy Market Fluctuations.
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The stock market is experiencing fluctuations. On the third day of week, Wednesday the Sensex fell by 138.74 points to close at 80,081. Points while, the Nifty closed at 24,435.50 points. In early trading, the Sensex is now up by 38 points, reaching 80,259.
The Nifty has reached 24,579 marking a significant rise. The Sensex has surged by 379 points and has reached 80,600. The decline in the stock market shows no signs of stopping. The BSE’s 30 share benchmark index, the Sensex opened today at 79,921, down by 299 points. Meanwhile, the national stock exchange 50 stock index, the Nifty opened at 24,378, down by 93 points.
The Asian market had mixed trading on Wednesday. Japan’s Nikkei 225 was flat, while the Topix saw a slight decline. The Gift Nifty was trading around the level of 24,540, indicating a premium of about 2 points over the previous close of Nifty futures, suggesting a flat start for the Indian Stock Market.
Bajaj finance has surged by 5.94 percent, reaching 7,074, making it to the list of the Nifty top gainers. Bajaj Finserv also rose by 2.64 percent at ₹1,768. The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open flat on Wednesday, considering the mixed global market sentiment.
On Tuesday, the Indian stock market indices buckled under a strong wave of selling. The Sensex and Nifty closed with a decline of more than one percent each. The Sensex closed down by 930.55 points or 1.5 percent at 80,220 while the Nifty 50 fell by 309.00 points or 1.2 percent, closing at 24,427.10.
