Share Market There was a decline in the stock market, Sensex fell by more than 300 points.
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The new week of the domestic stock market has started. This week has not started well in the stock market. A sharp decline is being seen in Sensex and Nifty. Bank Nifty has fallen by 200 points in the beginning itself. At the same time, the market has not been able to get much support from the midcap rally. The weak trend of Asian markets had an impact on the domestic market.
Talking about Monday, December 18, BSE Sensex opened at 71,437 with a fall of 46.40 points. As soon as the market opened, there was a huge decline in it. NSE’s Nifty opened with a fall of 21.85 points. Its level has been 21,434. According to the data, the 30-share BSE index Sensex fell by 341.46 points to 71,142.29. Among Sensex companies, shares of ITC, ICICI Bank, Mahindra & Mahindra, IndusInd Bank, Axis Bank and UltraTech Cement were among the losers. Shares of Sun Pharma, Reliance Industries, Titan and Bajaj Finance were among the gainers. Nifty slipped 65.30 points to 21,391.35.
In other Asian markets, China’s Shanghai Composite, Hong Kong’s Hang Seng and Japan’s Nikkei were in loss, while South Korea’s Kospi was in profit. US markets closed on a positive note on Friday. Global oil benchmark Brent crude was trading 0.46 percent higher at $76.90 per barrel. According to stock market data, foreign institutional investors (FIIs) bought shares worth Rs 9,239.42 crore on Friday.
The opening was like this
Let us tell you that with the opening, there has been a huge decline in Nifty. With the opening of the market, Bank Nifty had fallen by 201 points. Bank Nifty is traded at the level of 47942. After five minutes, the level of Nifty has reached the level of 48068. Nine out of 12 Bank Nifty stocks were trading with a decline.
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