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Sunday, May 22, 2022

Stock Market Opening: The market opened on a tremendous decline, Sensex slipped below 55,000, losing 773 points

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Stock Market Opening: Today, the stock market is trading again with a decline and due to the weakening of global signals, the Indian stock markets are also trading with weakness. The stock market remains with great weakness and there is a tremendous fall in the Asian markets. Hang Seng is down 4 per cent. The US market also closed yesterday with a strong fall.

how is the market open today
In today’s trading, the Sensex has opened at 54,928.29 with a fall of 773.94 points or 1.39 percent and it has broken the important level of 55,000. On the other hand, the Nifty of NSE has opened at 16,415.55 with a fall of 267.10 points or 1.60 percent. Nifty has broken the level of 16400 in the initial minutes itself.

How is the business looking in Nifty?
Today 50 out of 50 stocks in Nifty are trading with a fall and there is a red mark all around in the market. Bears dominate the market and there is a tremendous fall in banking stocks too. Bank Nifty is trading at the level of 34595 with a fall of 637.35 points or 1.81 per cent. All 12 stocks of Bank Nifty are trading with a red mark of decline.

status of sectoral index
In today’s trade, both Sensex and Nifty are trading with a fall of 1.5 percent and trading is being seen with weakness in IT, banking stocks.

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