The stock markets around the world are facing heavy selling these days. Due to record inflation and recession fears, there was a horrific sell-off in the US market on Friday. Winds of investors were found everywhere on Wall Street. Its effect is also being seen in the Indian market today. Today BSE Sensex has gone into loss of up to 1500 points in the opening trade itself.
US stock market fell so much.
The S&P 500 (S&P 500) was down 2.91 per cent after a broad sell-off in Friday’s trading. Tech-focused index Nasdaq Composite was down 3.52 per cent. Similarly, the Dow Jones Industrial Average fell 2.73 per cent. The S&P 500 has lost over 18 per cent so far this year. Nasdaq fell by more than 28 per cent since January. Last week the latest US inflation data was released, which showed that it has reached a new high and is the highest in nearly four decades.
The Indian market has fallen so much.
The effect of the massive decline of American markets is visible in the stock markets of India as well. The Sensex (BSE Sensex) has fallen more than 1500 points in the opening trade and has come below 53 thousand points. During trading, the Sensex has fallen to a low of 52,791 points. NSE Nifty is also in the loss of more than 400 points. Shares of all 30 companies of Sensex are trading in red mark. Not a single sector of BSE is in profit today.
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Massive fall in these extensive stocks
Sector-wise, Realty, Bankex and Finance are under the most pressure. These three sectors are losing more than 3-3 per cent on BSE. Among the Sensex companies, Bajaj Finserv has fallen the most by 4.74 per cent. ICICI Bank, Bajaj Finance, L&T, Indusind Bank, SBI, Kotak Bank, Tech Mahindra, TCS, and Big stocks like HDFC, Infosys and Reliance Industries (RIL) have fallen up to 3-4 per cent in early trade.
These five stocks in the most significant loss
In today’s early trading on NSE, the share of retail company Nandani Creation Limited is the biggest loser. It is in a loss of more than 16 per cent in early trade. After this, there is the number of RBL Bank, which is in a declined by up to 15 per cent. The stock of V2 Retail is trading at a loss of more than 10 per cent. Stocks of Poddar Housing and Pearl Polymers Ltd fell to 9.50 per cent.
