Indian stock market under pressure, Yes Bank shares continue to rise
Indian stock market under pressure, Yes Bank shares continue to rise
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Mumbai: After a heavy fall on Monday, the Indian stock market is again under pressure today. After opening with the fall, the market is engaged in trying to recover. Sensex was down 50 points at 11 am. The Nifty is around 10,400 and then remains above 10430. Actually, HDFC Bank, Kotak Mahindra Bank, and ITC are under pressure in the market.

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Midcap shares are also seen falling. Nifty's realty, pharma, metal, IT and FMCG index is operating with a decline of more than 1 percent. However, Yes Bank shares continue to rise for the second consecutive day. Yes Bank shares are seeing a jump of about 25 percent on Wednesday. The news of preparation of the bailout plan remains strong in the stock.

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The Bombay Stock Exchange (BSE) 30-share sensitive index Sensex lost 166.05 points to open at 35,468.90 and fell to 35,261.92. The National Stock Exchange (NSE) 50-share sensitive index Nifty also declined from the previous session to 10,529.55 after opening at 10,334.30. Let us tell you that due to Coronavirus and Yes Bank, there was a furor in the Indian stock market on Monday. The Sensex had broken down to around 2357 points, while the Nifty too had fallen by over 600 points.

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