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The decline in the stock market continues. BSE’s 30-share sensitive index Sensex is down 406 points at 81773. Whereas, NSE’s 50-share sensitive index Nifty has fallen by 119 points to 25113. Shares of Trent, ICICI Bank, BEL, L&T, Reliance are the top losers in Sensex. On the other hand, Eternal, Sun Pharma, Power Grid, UltraTech, Indigo are among the top Sensex losers. The stock market started with red mark today too, but after a few minutes it took a U-turn. BSE’s 30-share sensitive index Sensex fell 385 points to 82282 after opening at 81794. This rise also lasted for a few minutes and now the Sensex is trading 210 points down at 81970. The stock market started with a red mark even today. BSE’s 30-share sensitive index Sensex opened today on Wednesday, January 21, down 385 points at 81794. Whereas, NSE’s 50-share sensitive index Nifty opened with a fall of 91 points at 25141. On the other hand, the rupee opened at an all-time low of 91.07 against the dollar. The stocks that will be in focus today include Dr. Reddy’s Laboratories, Eternal, Hindustan Petroleum Corporation Limited (HPCL), Bajaj Consumer Care, Bank of India, Canara HSBC Life Insurance Company, PNB Housing Finance, Jindal Stainless, KEI Industries and UTI Asset Management Company. After selling in the global market, Indian stocks on Wednesday Stock market benchmark indices Sensex and Nifty 50 are expected to remain volatile. Asian markets fell, while US stock markets closed sharply lower, with all three major indices recording their worst performance since October 10. On the other hand, the Indian stock market continued to be under selling pressure on Tuesday. The Sensex crashed 1,065 points or 1.28% and closed at 82,180. Whereas, Nifty fell 353 points or 1.38% to close at 25,232.
What are the global signals for Sensex-Nifty?
Asian market
Asian markets fell on Wednesday, following overnight losses on Wall Street amid concerns about President Donald Trump’s tariffs on European countries over the Greenland issue. Japan’s Nikkei 225 fell 1.28%, while the Topix fell 1.09%. South Korea’s Kospi fell 1.09% and the Kosdaq fell 2.2%. Hong Kong’s Hang Seng index futures indicated a lower open.
gift nifty today
GIFT Nifty was trading around 25,297, a premium of about 38 points from the previous close of Nifty futures, indicating a mildly positive start for Indian stock market indices.
condition of wall street
The US stock market closed lower on Tuesday, with all three major indexes posting their biggest one-day declines in three months on widespread selling triggered by concerns over President Donald Trump’s fresh tariff threats against Europe. The Dow Jones Industrial Average fell 870.74 points, or 1.76%, to 48,488.59, while the S&P 500 fell 143.15 points, or 2.06%, to 6,796.86. The Nasdaq Composite dropped 561.07 points, or 2.39%, to 22,954.32.
Shares of big companies fell
Nvidia’s stock price fell 4.38%, Amazon’s stock price fell 3.40%, Apple’s stock price fell 3.46%, Microsoft’s stock price fell 1.16%, and Tesla’s stock price fell 4.17%.
gold and silver prices
Gold and silver prices reached near record highs due to strong demand for safe haven investments. Gold prices rose 0.8% to $4,806 an ounce, a new record high, while silver climbed 0.4% to $95.01, off a record low of $95.87.
dollar
The dollar fell to a three-week low against the euro and Swiss franc after threats from the White House over Greenland. The dollar index was flat at 98.541 after falling sharply 0.53% overnight. The yen was steady at 158.19 per dollar.
crude oil
There was a decline in the prices of crude oil. Brent crude oil fell 1.31% to $64.07 a barrel, while US West Texas Intermediate (WTI) crude futures fell 1.21% to $59.65.
