Rudra Investment | Sensex Breaks More Than 500 Points, Nifty Above 10400

Rudra Investment Research Expert says that the biggest drop in US markets has seen the impact on Indian markets. On Friday the Indian stock market opened with a huge decline. Sensex dropped 410 points to 34002 points. Nifty breaks 160 points to 10416 points. The BSE Sensex slipped in excess of 550 points due to fall in all the 30-share BSE benchmark index Sensex. Investors in the one-minute business lost more than Rs 2 lakh crore due to the decline in the market.

Investors in excess of Rs 2 lakh crore submerged in minutes

- In the initial business, the midcap and smallcap stocks with large-cap stocks also plunged investors by Rs 2 lakh crore. The market capitalization of the listed companies on BSE was Rs 1,47,99,096.88 crores on Thursday. At the same time, investors lost Rs 2,11,229.88 crores in the Sensex due to a decline of more than 550 points.

Mid-caps-smallcap stocks roll

- In the early business, there is also a decline in midcap and smallcap shares, along with large-cap stocks. BSE's mid-cap index fell by 1.10 percent. Among the mid-cap stocks, Glenmark, ABCC, Indian Hotels, Emami Ltd, Ajantha Pharma, IDBI, M & M Finance, Shriram Transport Finance fell to 7.45-1.95 percent.

BSE-Smallcap Index is 1.18 percent broken.

All sectoral index rolls down

- All sectoral indices including the bank, auto are getting a fall. Bank Nifty is down 1.69 percent. On the other hand, Nifty Auto 0.98%, Nifty FMCG 1.49%, Nifty IT at 1.65%, Nifty Metal 1.13%, Nifty Pharma 1.55%, Nifty Realty Index, 1.67% weakness has been recorded.

Reasons for the decline in the market-

1) Dao Jones broke 1000 points

In Thursday's trade, Dow Jones closed 1,033 points, or 4.15 percent, down 23860 points. At the same time, the Nasdaq dropped 275 points, or 3.90 percent, to 6,777 points. In addition, the S & P 500 index closed at 2,581 level with 101 points i.e., 3.75 percent.

- Earlier, on February 5, 2018, Dao Jones broke 1600 points.

 2) Asian market collapses, Nikkei 700 points broken

- The fall in US markets is being seen in Asian markets. Singapore's SGX Nifty Index is down 241 points to 10,320 points. Japan's market is trading 705 points down at 21,186 points. Hang Seng is trading 1150 points down at 29,301 points.

- The index of Korean market dropped by 1.93 percent, while the Taiwan index was down 217 points. Shanghai Composite is trading 145 points down at 3117 points. The Straits Times Index is trading 1.92 percent and is trading at 3350 points.

The seventh biggest decline in history in the stock market, know how often broken markets

FIIs are selling, DII purchases

- Foreign Institutional Investors (FII) sold 2297.09 crores in Thursday's turnover. Domestic Institutional Investors (DII) bought 2373.59 crores in the domestic market. This led to a break in the market for 7 days.

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