Sensex Down 39000 Points in Early Trade, Nifty also Slid

The second trading day of the week started with a major drop in the Indian stock market. In the initial minutes of the business, the Sensex breaks up to 150 points.
Sensex Down 39000 Points in Early Trade, Nifty also Slid

The decline in the Indian stock market continues. On Tuesday, once again in the initial minutes, the Sensex breaks 150 points and trades below 39 thousand points. If you talk about the nifty, then rolling around 70 points and doing business at 11 thousand 660 levels. Earlier on Monday, the Sensex in the Indian stock market closed down 71.53 points, or 0.18%, to 39,122.96 from last session.

Let us tell you that the Sensex open at 39,160.23 with the weakness of 34 points against the previous session on Monday. During the day's trading, the upper level of the Sensex is 39300.02 while the lower level is 39,070.27. The Sensex closed at 39,194.49 in the previous session. On the Nifty, it slipped 24.45 points, or 0.21 percent, to level at 11,699.65. Market analysts believe the Indian stock market is under pressure due to the rising crude oil prices between the US and Iran.

Tata Steel is at the forefront of the stocks which were the worst performers in the initial business. While Tata Steel's shares plunged 1.65 per cent, Tech Mahindra's shares plummeted by more than 1 per cent, while HCL, TCS, Asian Paints, Tata Motors, ITC, HUL and Infosys were also among the biggest losers.

If we talk about the stocks that are on the rise, ONGC, Power Grid, L & T, Mahindra & Mahindra, Airtel and Maruti. Their shares were trading with a growth of up to 5 per cent. Meanwhile, on Tuesday the rupee started with weakness. Compared to the dollar, the rupee opened lower at Rs 69.29 with a weakness of 6 paise. Earlier, the rupee strengthened by 20 paise to close at Rs 69.35 against the dollar on Monday.

Related Stories

No stories found.
logo
Since independence
www.sinceindependence.com