Why Share Market Fall: The market took a U-turn, the boom continued for 8 days stopped, will the process of decline start now? – why share market down today know reason behind this fall
The biggest fall in these stocks
During trading, the Sensex went up to a maximum of 63,148.59 points and a minimum of 62,679.63 points. Out of 30 Sensex stocks, 9 closed on the green mark and 21 closed on the red mark. The maximum gain was recorded in Tata Steel by 1.22 per cent and Dr Reddy’s by 1.18 per cent. Whereas, the maximum decline was recorded in Mahindra & Mahindra and HUL. At the same time, out of 50 shares of Nifty, 18 shares closed on the green mark, 31 shares on the red mark and one share without any change.
condition of sensex shares
condition of nifty stocks
it’s good fall
IDBI Capital Head of Research AK Prabhakar said, “The main reason for the fall in the Indian stock market is the fall in the US market. Another reason for the selling pressure is the underperforming auto stocks and private banks. Overall, the market has taken a breather amidst the ongoing rally. It is doing well and now mid and smallcaps are performing. Earlier it was not like this. This type of profit booking after all time high is normal. After 8-9 days of rally, some fall is fine.
The market went to a record high due to the buying of foreign investors
The benchmark indices Sensex and Nifty have reached record high levels this week. Due to the bumper buying in the Indian market by Foreign Institutional Investors (FII), this boom happened in the stock market.