Stock Market Opening: Market Showing Huge Losses, Sensex Dips More Then 650 Points | Stock Market Opening: Market starts with a big decline, Sensex falls below 56,500 by 675 points


Stock Market Opening: Due to weak global signals, the Indian market has started with a big fall today and the Sensex is trading by breaking more than 650 points. Nifty has started below 17,000 and it has opened at the level of 16,824. The growing influence of Omicron has scared the markets and all the American-Asian markets are falling down.

Heavy weakness in the market in the first half hour
If we look at the market in the first half hour, the Sensex has broken more than 1000 points. The Sensex is trading with a red mark at 55,935.28, down 1076.46 points or 1.89 per cent. On the other hand, NSE’s Nifty is trading at 16,662.90 with a weakness of 322.30 points or 1.9 percent.

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Bad condition of the market in the initial minutes
In the first 10 minutes itself, the market has seen a fall of more than 850 points. The Sensex has come down 861.63 points or 1.51 percent at 56,150.11 and the Nifty is trading at 16,715.20 with a fall of 270 points or 1.59 percent. Nifty has shown a day’s low of 16,707.45 today and there is a possibility of further decline in it.

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most falling stocks
Tata Steel, Bajaj Finance and SBI are trading down 3-3.5 per cent. Selling dominated the market and the shares of JSW Steel, BPCL also fell 3-3 per cent. In Nifty, only Cipla and Sun Pharma are barely visible in the green.

all-round fall in the market
At this time all-round decline is being seen in the domestic stock market. All 30 stocks of Sensex are down and out of 50 stocks of Nifty, selling dominates. All 12 stocks of Bank Nifty are trading with a red mark of decline.

market in pre-open
In the pre-open, the BSE Sensex is trading at 56,517.26 with a sharp fall of 494.48 points or 0.87 percent. Nifty is trading at 16872 with a fall of 160 points.

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