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Stock Market Opening: The stock market has started with a tremendous fall and due to the strong fall in Sensex-Nifty, they have slipped from important levels. The Sensex has opened with a loss of about one percent and the Nifty has come down to the level of 19800, which closed yesterday after reaching very close to 20,000.
How did the market open today
At the time of market opening, the BSE’s 30-share index Sensex opened at a level of 66,907.07 with a decline of 664.83 points, or 0.98 per cent. Apart from this, the NSE’s 50-share index Nifty opened at 19,800.45, down 178.70 points or 0.89 per cent.
Infosys shares fell 8 percent
Infosys’ stock has registered a decline of more than 8 percent today and in yesterday’s results, the company had reduced the revenue guidance, due to which this negative effect has been seen on the stock. Infosys’s ADR was also shown with a tremendous decline in the US markets.
Bank Nifty at record high on falling market
Even though the market is on the decline today, the Bank Nifty has reached a record high. A new high of 46,369.50 has been made by Nifty Bank and 10 out of 12 stocks are trading with a boom.
How was the market move in pre-opening
Today, in the pre-opening of the market, the BSE Sensex was down by 588.18 points i.e. 0.87 percent at the level of 66983.72. On the other hand, NSE’s index Nifty was trading at the level of 19790.60 with a gain of 188.55 points or 0.94 per cent.
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