Stock market opened with red mark, Sensex drops 191 points

Sep 17 2020 11:36 AM
Stock market opened with red mark, Sensex drops 191 points

Today, on the fourth trading day of the week, the stock market started on a decline. The Bombay Stock Exchange's flagship index Sensex opened 191.11 points, down 0.49 per cent, at the level of 39111.74. The National Stock Exchange's Nifty opened at 11534.55 level, down by 0.60 per cent meaning 70 points. The market has been affected by weak global cues and the Federal Reserve's decision to keep the interest rate near zero for the next few years.

Talking about the heavyweights, today the shares of Doctor Reddy, Zee Limited, Britannia, Grasim and ONGC opened on the green mark. IndusInd Bank, Axis Bank, Wipro, Tata Motors and UPL shares opened at the red mark. If we look at the sectoral index, then all the sectors started on the red mark today. These include IT, PSU banks, realty, metal, auto, FMCG, pharma, media, financial services, banks and private banks.

During the pre-open at 9.10 am, the Sensex was at a level of 39120.64 after a fall of 182.21 points, meaning 0.46 per cent. The Nifty was 65.15 points down 0.56 per cent at 11539.40 level. On the same trading day, the Sensex rose by 0.66 per cent to close at the level of 39032.85, up 258.50 points and the Nifty rose by 0.72 per cent (82.75 points) to 11604.55. On Wednesday, the stock market started at the edge. Today, the market saw a lot of change.

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