The indian market, which has been volatile for the past few sessions, fell sharply again today, the weekend trading day. The Sensex in particular has fallen more than 750 points in the opening trade.
Experts believe this may be due to investors booking their profits.
In the last session, the US market ended slightly lower. Due to this, Asian markets are also experiencing a sharp decline today.
Factors to consider
Among some of the factors in the international market, today is the weekend trading day, the last trading day of the month so investments in the market are more likely to exit.
With investments already pouring in over the past few sessions, this is likely to continue.
One reason for this, however, is the continued influx of foreign investment, international factors against the market, and a number of factors, including profit-booking, which have had an impact on the market.
How much discharge?
As of november 25, foreign investors had sold shares worth Rs 2,300.65 crore. The same domestic investors sold shares worth Rs 1,367.80 crore. This has prevented a further decline in the market.
Indian Markets Launch
Especially today, the pre-opening market saw a slight decline. In particular, the Sensex was down 106.49 points at 58,688.60 points, while the Nifty was down 208.80 points at 17,327.50 points.
It still looks a bit declining. Meanwhile, 724 shares were up, 1249 shares were down and 75 shares were unchanged.
Index status
Meanwhile, with the exception of the BSE Healthcare on the Sensex and the Nifty, all other indices are on the decline.
Indices including BSE Small Cap, BSE capital Goods, BSE FMCG, in particular, are down 1% and all other indices are down over 1%.
Nifty index
Shares in the Nifty index, including Cipla, Dr Reddy's Laboratories and sun Pharma, were the top gainers, while ONGC, Tata Motors, Tata Steel, mahindra BANK' target='_blank' title='kotak mahindra-Latest Updates, Photos, Videos are a click away, CLICK NOW'>kotak mahindra and Hindalco were the top losers.
Sensex index
Shares of Dr Reddy's Laboratories and sun Pharma in the same Sensex were the top gainers, while shares of Tata Steel, mahindra BANK' target='_blank' title='kotak mahindra bank-Latest Updates, Photos, Videos are a click away, CLICK NOW'>kotak mahindra bank, maruti Suzuki, hdfc and Bajaj Pinserv were the top losers.
What is the current situation?
Meanwhile, the Sensex is currently down 736.67 points at 58,058.42 points, while the Nifty is down 222.50 points at 17,313.75 points.
As the impact of corona on many Asian markets increases, so does its pressure on the market.
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