Stock Market: Stock market opened on decline on the day of Chhoti Diwali, Sensex opened above 80,200.

Stock Market: Today, the day of Chhoti Diwali has started with a decline in the Indian stock market and the main reason for this is the decline of some big heavyweights stocks. Mahindra & Mahindra’s share is trading around Rs 2600 today while its high of 52 weeks has been Rs 3200. Today, a period of decline is also being seen in the shares of Kotak Mahindra Bank and Axis Bank, which are the main weak shares of the market.

How was the opening of the stock market?

BSE Sensex is showing a decline of 131.18 points or 0.16 percent at the level of 80,237.85. Immediately after the opening of the market, NSE was seen at the level of 24,382 with a decline of 84.55 points or 0.35 percent.

Fall in major market shares

Today, out of 6 major shares of the market, 5 shares are trading in the red mark of decline. Due to the decline in the stock market, only 8 out of 30 Sensex stocks are seeing a rise. Apart from this, trading is being seen in decline in 22 shares. Advance-decline ratio i.e. the impact of falling stocks is being seen more in the rising and falling stocks. India Vix level is at 15 and it is important to keep an eye on it.

Big fall in Bank Nifty

At the time of market opening today, Bank Nifty was trying to return to the bullish range in the stock market, however after half an hour it has come down by about 450 points. Bank Nifty is trading at the level of 51874 with a decline of 446.15 points or 0.85 percent. 10 out of 12 stocks of Bank Nifty are witnessing a decline and only 2 stocks, IDFC First Bank and Canara Bank, are trading with gains.

Market Capitalization of BSE

The market cap of BSE has come to Rs 436.05 lakh crore and with this 3136 shares are being traded in it. Out of these, 2271 shares are showing rise and 754 shares are in decline. 111 shares are being traded without any change.

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