A normal rise has been recorded in the stock market today. Initially, the Sensex was trading at 77,863.54, up 283.23 points or 0.37 percent. While Nifty was trading at 23,555.75 with a gain of 23.05 points or 0.1 percent. However, after the initial rise, the market gradually declined.
After a good start, the stock market crashed
After a good start, the stock market is now moving towards a big decline. Sensex fell 422 points to 77158. Nifty also recorded a century of decline and fell by 121 points to 23411.
CLSA’s U-turn on India
Leading global brokerage firm CLSA has taken a U-turn. The burden on India is 20 percent more than that of China. CLSA said that the economic situation in India is stable. Trade war with China may increase after Trump’s return. There may be pressure on China’s exports.
Market recorded a rise in pre-opening
The market remained bullish in the pre-opening session. The Sensex was trading at 77,754.44, up 212.87 points or 0.22 percent. While Nifty was trading at 23,612.25 with a gain of 79.55 points or 0.34 percent.
