Rudra investment expert says Profitable Intraday Tips After the initial fall, the domestic stock market has improved from the lower level in the afternoon. Oil market companies (OMCs) and Yes Bank have improved sharply up to 600 points from the lower level. At the same time, the Nifty has improved by 124 points from the bottom. Earlier, the opening up of the Sensex of 1037.36 points to the level of 33723.53 due to the global sell-off, while the Nifty fell by 321.5 points to below 10,150. All sectoral indices drop in the media on the NSE are declining.
Midcap-Smallcap also fell
Selling is also seen in mid-caps and smallcap stocks. The BSE mid-cap index has dropped 3.3 percent, while the Nifty mid-cap index has declined 3.3 percent. BSE’s smallcap index is up nearly 3%.
What stocks fall, how fast
On the Sensex, 29 out of 30 stocks fall. Only ONGC has seen an increase of 1.58 percent. Infosys, SBI, Maruti, HUL, Bharti Airtel, HDFC, TCS, RIL, Kotak Bank, ICICI Bank, HDFC Bank, ITC dropped.
In all sectoral index red marks
Rudra investment expert says Profitable Intraday Tips All 11 indices listed in the sectoral index on NSE, due to all-around sale, are in the red mark. All indexes, including banks, auto, realty, metal, pharma, have fallen more than 2 percent.
Dow Jones breaks 832 points, the biggest drop in US markets
On Wednesday there was a major drop in the American markets. The S & P 500 index and the Dow Jones index were the biggest drops since February 8, 2018. There is pressure on the boom in the interest rates in the markets. The 10-year bond yield has touched the new height of 7 years. With an increase in US Treasury yields, investors are getting away from Risky Assets. The strong beating of tech stocks has seen a sharp decline in US markets. The 7-year worst day for the technology sector.
In Wednesday’s trade, Dao Jones dropped by 832 points, or 3.15 percent, to 25,599 levels. This is the 8 month biggest drop in Dow Jones. Nasdaq closed at 316 points i.e. 4.1 percent down at 7,422. The S & P 500 Index closed at a level of 2,785.7, with a score of 95 points i.e. 3.3 percent.