After several days, the market started with an increase in green mark today, but soon after the market opened, the stock market fell. The Sensex saw a rise of 200 points in early trade but immediately fell by 300 points. In yesterday's trade, the stock market closed with a heavy fall and the Sensex-Nifty closed with a decline of around 8 per cent. The Sensex fell sharply by over 2700 points and the Nifty had slipped below the critical level of 9200.
During today's trading, the BSE 30-share index Sensex is trading 226.89 points, or 1.04 per cent, at 31063.18. At the same time, the 50-share index Nifty of the NSE was trading down by 100 points, or 0.8 per cent, in early trade with a fall of 9123.40.
Quandary in american market on monday
On Monday, the US market created a furore and the main index of Dow Jones Industrial Average fell by 13 percent and it had seen a fall of more than 2990 points. Yesterday also the circuit was installed in the US market and trading was stopped for 15 minutes. Dow Jones had dropped 8 per cent before trading was halted and when the circuit resumed trading again, the market fell by over 4 per cent.
Strength in rupee today
The rupee opened today with a strength of 14 paise against the dollar and opened at 74.13 against yesterday's closing of 74.27.
Markets show green mark in pre-open trading today
Today Sensex and Nifty are seen in green mark in pre-open trading and with this there is a slight expectation that the market can open in green mark.
Status of Asian markets mixed
Mixed signs have come out of the open Asian market this morning, and Japan's Nikkei was trading with lightening. Although the markets of Hangseng, Straight Times, Kospi were also seen trading with the decline.
How was the market closed on Monday
On Monday, the BSE 30-share index Sensex closed down 2713.41 points, or 7.96 percent, at 31390.07 and the NSE 50-share index Nifty was down 756.10 points, or 7.60 percent, to close at 9199.10.
