The stock market has started a huge decline in the stock market on the very first day of the week. The Sensex fell by 532 points to start at 76,882, while the Nifty opened 178 points to 23,341. The condition of the bank Nifty was also no different – IT Opened 386 points down to 51,178.
Selling continues in the market
If you look at the sectoral index, then the metal sector has seen the best selling. Except for FMCG and Realty, red mark is seen in almost all the other sectors today. This sharp decline has again raised questions on the recent recovery started in the market.
Today’s top gainers – which shares showed strength
- Indusind bank
- Mahindra & Mahindra (M&M)
- Power Grid
- NTPC
- Adani ports
The shares of these companies have seen shopping and kept themselves firmly standing amid the market decline.
Today’s Top Loozers – Which shares dropped
- Tech mahindra (techm)
- Hdfc bank
- HCL Technologies
- Tcs
- Infosys (infy)
There has been a huge decline in the veteran shares of the IT sector. This has affected the entire index.
FII vs DII – Foreign investors sold fiercely, domestic investors held the front
The new series started with heavy selling for foreign institutional investors (FIIS). On Friday, FIIS sold cash, index and stock futures for about Rs 9,800 crore, which put pressure on the market. However, domestic investors (DIIs) purchased Rs 7,600 crore and tried to stop the fall.
- GIFT NIFTY: down by about 200 points at 23,450 levels
- Dow Futures: Signs of weakness of about 150 digits
Vodafone Idea gets big relief
Vodafone Idea has got a big relief from the government. The company has decided to convert the company’s spectrum outstanding spectrum outstanding into equity at a rate of ₹ 10 per share. This will increase the share of the government from 22.6% to 49%. This decision can prove to be a game changer for the company and is considered a big step towards maintaining competition in the telecom sector.
Defense sector gets boost – HAL gets an order of 62,700 crore
The government has approved the biggest defense deal ever. An order of ₹ 62,700 crore has been passed for the purchase of 156 helicopters from Hindustan Aeronautics Limited (HAL). This will not only support HAL, but will also strengthen the defense preparations of the country.
American markets fall heavy fall, gold-silver at record level
The US stock markets have also seen a huge decline. In response to Trump’s potential tariff, Dow Jones broke 300 points in two days, while NASDAQ fell by 500 points to close at a 7 -month low.
- Gold: For the first time, crossing ₹ 90,000 per 10 grams, reached ₹ 90,865 in Intrade
- International Market: Record Level with $ 3,170 an ounce
- Silver: ₹ 450 declined to close to ₹ 1 lakh
- Crude oil: at a height of 5 weeks due to supply of supply, now close to $ 75
Some more important news related to the stock market
- BSE has announced a bonus share to investors – in 1: 2 ratio.
- ITC bought pulp and paper business from Aditya Birla Real Estate for ₹ 3,500 crore.
- The NSE has changed the lot size of Nifty Bank and midcap select.
- Nifty Bank’s lot has now increased from 30 to 35 – applicable: from April 25
- SEBI has given relief in the rules of Intrade Position Limit, now the limit will not be penalty.
The Post Stock Market Today: Stingle with a sharp decline in the market, Sensex-Nifty rolled down, know which shares shone and who fell first appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
