There has been a big decline in the share market once again. On Wednesday, the third trading day of the week, while the 30-share Sensex of the Bombay Stock Exchange slipped by more than 600 points, the Nifty of the National Stock Exchange fell by 170 points. Amidst this decline in the market, stocks like Adani Ports, Titan, Zomato were seen crashing. However, the shares of Mukesh Ambani’s company Reliance Industries appeared to be in the lead.
Big fall of 630 points in Sensex
There was once again a big fall in the stock market on Wednesday and by 12 noon both the indices Sensex and Nifty crashed. BSE Sensex jumped from its previous closing level of 78,199.11 and opened at the level of 78,319.45. But within a short time the tables turned and the index started falling badly. Till the time of writing the news, it was trading at 77524 with a decline of 674 points.
Nifty also followed the path of Sensex
While on one hand BSE Sensex index crashed, on the other hand NSE Nifty also moved forward on the same path. When the Nifty-50 market opened, it jumped from its previous closing level of 23,707.90 to the level of 23,746.65 and after trading in a bullish manner for some time, it also started falling. Till the time of writing this news, this index was seen slipping 200 points and trading at 23,506.
These 10 shares made a splash as soon as they opened
Amid this sudden big fall in the stock market on Wednesday, shares ranging from Adani to Tata crashed. Gautam Adani’s company Adani Ports, which is among the large cap companies, was among the 10 stocks that fell the most. Adani Ports Share was trading with a decline of 2.76% while the share of Tata Group company Titan was also trading with a decline of 3%.
Shares of these big companies also scattered
company | decline | latest price |
Zomato | 2.71% | Rs 245.65 |
SBI | 2.12% | Rs 762.45 |
Tech Mahindra | 2.10% | Rs 1635.55 |
HDFC Bank | 1.80% | Rs 1684.35 |
Dixon | 7.45% | Rs 17,075 |
Paytm | 5.88% | Rs 924.80 |
IGL | 4.63% | Rs 410.75 |
Godrej Property | 4.38% | Rs 2535 |
These shares are also in the red
Till the time of writing the news, in largecap, NTPC, Tata Motors, Infosys, ICICI Bank, HCL Tech were in the red, while in midcap, BHEL, Tata Elxsi, Aarti Industries, Biocon, GoDigit, Voltas, Lupine, Policy Bazar were up by 2-4 percent. The decline was visible.
Reliance maintained its lead
On one hand, there was a stock market crash, while on the other hand, Mukesh Ambani’s company Reliance Industries held the lead. Reliance Share was seen rising 1.70% and trading at Rs 1261. Apart from this, the stocks which saw a rise included Maruti, ITC and TCS.
(Note- Before making any kind of investment in the stock market, definitely take advice from your market experts.)