Share Market Today / Stock market opened with huge losses, Sensex fell by 266 and Nifty by 113 points

Share Market Today: The Indian stock market once again began trading with a decline on Thursday. The BSE Sensex opened at 75,672.84 points, down by 266.34 points, while the NSE Nifty 50 index started at 22,821.10 points, a drop of 112.80 points.

Decline Continued on Wednesday

Notably, the stock market had also started with a decline on Wednesday. The Sensex had opened at 75,787.27 points, down by 180.12 points, while the Nifty was trading at 22,847.25 points, a decrease of 98.05 points. The continued decline has raised concerns among investors.

Sharp Fall in Sun Pharma Shares

Out of the 30 companies in the Sensex, 11 stocks opened in the green, while 18 stocks were in the red, and 1 stock remained unchanged. In the Nifty 50 index, 21 companies’ stocks opened higher, while 27 stocks opened with losses, and 2 stocks remained stable.

Adani Ports’ stock recorded a 0.39% gain in the Sensex, while ITC’s stock opened with a decline of 1.54%. Sun Pharma shares also witnessed a significant drop, increasing investor concerns.

Stock Market Fluctuations – Which Companies Saw Gains and Losses?

Gaining Stocks:

• Asian Paints: +0.25%
• Axis Bank: +0.20%
• Tata Steel: +0.11%
• State Bank of India: +0.11%
• Reliance Industries: +0.11%
• Titan: +0.07%
• Power Grid: +0.06%
• ICICI Bank: +0.04%
• Infosys: +0.01%

Declining Stocks:

• Maruti Suzuki: -1.37%
• Mahindra & Mahindra: -1.19%
• HDFC Bank: -1.02%
• Bharti Airtel: -0.89%
• Zomato: -0.85%
• Larsen & Toubro: -0.78%
• Sun Pharma: -0.70%
• Tata Motors: -0.42%
• Hindustan Unilever: -0.39%

What Lies Ahead?

Analysts believe that the ongoing decline in the market is due to global signals, potential changes in interest rates, and cautious investor sentiment. If foreign investor activities remain positive and domestic market stability improves, there is a possibility of recovery in the coming days.