Stock Market Opening: The market fell under the pressure of global market, Sensex broke 450 points as soon as it opened...
The Indian stock market made a weak start for the second consecutive trading session on Thursday and opened on a decline in the pressure of the global market. As soon as the trading started in the Sensex, there was a big decline of 450 points.
Sensex opened and started trading at 59,074 with a loss of 383 points this morning, while Nifty opened at 17,610 with a loss of 108 points and started trading. Stock markets around the world were under pressure today after the US Fed Reserve raised interest rates.
This is the reason why Indian investors also started selling and booking profits as soon as the market opened. Sensex fell 450 points to 58,996 at 9.25 am due to continuous selling, while Nifty fell 100 points to trade at 17,650.