The stock market fell. The stock market fell as soon as it opened. The Sensex was trading at 78,596.18, down 103.37 points or 0.13 percent. While Nifty was trading at 23,770.55 with a decline of 42.85 points or 0.18 percent.
Sensex-Nifty marginally fall in pre-opening
A decline was seen in the market in pre-opening. The Sensex was trading at 78,637.90, down 61.17 points or 0.08 percent. While Nifty was trading down 16.50 points or 0.07 percent at 23,796.90.
On Friday, a huge decline of up to one and a half percent was seen in the American markets.
There are weak signals for Indian markets today. The long short ratio of FIIs is around 17%. The net short contract is more than Rs 2.5 lakh. Gift Nifty is working flat. Asia also remained weak. On Friday, a huge fall of up to one and a half percent was seen in the American markets. Meanwhile, JSW Energy has a major stake in renewable energy.
US market
If we look at the condition of American markets, major American indices closed with a decline on Friday. Nasdaq closed due to pressure in tech stocks. The biggest decline was seen in Tesla and NVIDIA. After 6 days of rise, Dow Jones fell by 300 points. If we look at the returns of the US market during the week, last week Dow Jones gave a return of 0.4 percent, S&P 500 gave a return of 0.7 percent and Nasdaq gave a return of 0.8 percent.