Storm of decline in the stock market, Sensex fell by more than 850 points, Nifty slipped by almost 300 points.

Stock Market Update: The domestic stock market had started with a slight fall but within 20 minutes of the market opening, Sensex and Nifty showed a strong fall. Both Sensex and Nifty are getting beaten in the stock market and sharp selling is being seen. There could be many reasons behind the sharp fall in the stock market and due to the tremendous fall in IT shares with the beginning of the November series, more weak trading is being seen today.

BSE Sensex status at 10 am

At present, the situation is looking bad for BSE Sensex and it has fallen by 866.77 points or 1.09 percent to 78,857. NSE Nifty is seen trading at the level of 24,008 with a decline of 295.50 points or 1.22 percent.

Trade with huge fall in Nifty and Sensex

At 9.42 am, the Sensex has fallen by 758.59 points or 0.95 percent to the level of 78,965.53. Along with this, NSE Nifty is seen trading at the level of 24,073 with a huge fall of 230.75 points or 0.95 percent.

Sensex shares dominate decline

Out of 30 Sensex stocks, only 5 are seeing a rise and 25 of its shares are seeing a decline. Among the rising stocks, shares of M&M, Tech Mahindra, HCL Tech, HUL, IndusInd Bank are seeing a rise. Among the falling stocks, Sun Pharma is down more than 3 percent and Reliance Industries is down around 3 percent. Adani Ports has slipped by 2.55 percent and NTPC is trading with a fall of 2.05 percent.

Market Capitalization of BSE

The market capitalization of BSE seems to be collapsing and is visible at Rs 441.95 lakh crore. In this, trading is being done in 3607 shares and decline is dominant in 2547 shares. Only 944 shares are seen trading on BSE with rise and 116 shares are seen trading with no change. Upper circuit is imposed in 210 shares and lower circuit is imposed in 106 shares.

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