After Russia's attack on Ukraine, the domestic stock market is not getting relief amid the deteriorating global environment. The pressure of shortage which has been going on for the last 2 weeks still remains. As soon as the market opened after yesterday's holiday on Wednesday, the Sensex (BSE Sensex) was shattered by more than 700 points. The same market had fallen by more than 600 points in the pre-open session itself. After the start of trading, the depth of the fall further widened and the Sensex brought in a loss of about 702 points. After the start of business, it became clear from the trend of few minutes that even today the market will remain volatile.
At 09:20 am, the Sensex was trading around 55,500 points, down more than 733 points. NSE Nifty was trading around 16,635 points, down about 01 percent. The same yesterday means on Tuesday, the domestic stock markets were closed on the occasion of Mahashivratri. Before that, in the opening session of the week, there was huge volatility in the market on Monday. According to the news coming from Eastern Europe, the market was moving up and down. On Monday, the market was in an uptrend after moving in the range of more than 1500 points.
After the end of the same trade, the BSE Sensex closed at 56,247.28 with a gain of 388.76 points (0.70 percent). Similarly, NSE Nifty was up 135.50 points (0.81 percent) and stood at 16,793.90 points. This was the market's second consecutive day of rally. Earlier, the domestic stock market had been in decline for seven consecutive days.
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