Business

Major Fall Record in Share Market, Sensex at 39,330 Level

Monali Gupta

Due to sale all around in the stock , the beginning of the Indian stock market started on the last trading day of the week with a great decline. On Friday, the Sensex weakened more than 200 points to 39 level 330 between the mixed trend in the rupee and the global market. On the other hand, Nifty also traded around 11 thousand 750 with a decline of 73 points.

While the shares of IndusInd Bank plunged 1.40 percent during the turnover, Kotak Bank's shares were trading with 1.30 percent loss. In the same way, stocks in Sun Pharma, Maruti, Power Grid, HUL, ONGC, Reliance, TCS, Coal India and HDFC got losses. Talking about the shares traded on the green mark, Vedanta, SBI, L & T, Infosys, Bajaj Finance and Hero Motocorp are among the others. Meanwhile, the rupee has gained 8 paise to trade at $ 69.19 per dollar in today's trade.

Earlier on Thursday, the Sensex slipped nearly 554 points, or 1.38%, to close at 39, 530. On the National Stock Exchange, the Nifty closed 178 points, i.e. 1.48 percent, at 11,843 points. This is the biggest drop in domestic share markets this year. Earlier, on April 22, the Sensex had dipped 495.10 points and the Nifty was broken 158.35 points. Let us know that several major decisions related to the bank were taken in the Reserve Bank's monetary review meeting on Thursday. Due to these decisions, the pressure on the banking sector and sales were seen.

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