The stock market is also seeing a decline in the second trading day of March. Within just three minutes of opening the stock market, the Sensex saw a decline of more than 450 points and reached the worst level of 9 months. The main reason for the decline in the stock market is the tariff installed by Trump and a geo political tension made from the war running between Ukraine and Russia. According to experts, the stock market may fall in the month of March. That thing is different that this decline will not be seen as big as February. If this happens, it would be the 6th month when both Sensex and Nifty will close on the red mark. Let us also tell you at which level the Sensex and Nifty are trading.
There is a decline in the stock market on the second consecutive trading day of March. The Bombay Stock Exchange's major index Sensex is trading at 72,897.70 points with a fall of 190 points at 10 am. However, within just three minutes of opening the stock market, 452.4 points fell to 72,633.54 points. On the other hand, Nifty, the major index of the National Stock Exchange, is also trading with a decline. At 10 am, the Nifty is trading at 22,054.55 points with a decline of 64.75 points. But during the business session, the Nifty also appeared at 21,964.60 points. On Monday, there was a decline of more than 100 points in the stock market.
If we look at the stock market figures, then within a few minutes of opening the stock market of both Sensex and Nifty reached the lower level of about 9 months. After June 2024, where the Sensex appeared at less than 72 thousand marks. On 5 June 2024, the Sensex was seen at the level of 71 points in the Sensex trading session. On the other hand, the Nifty also appeared on the levan of 21 thousand marks, coming down from 22 digits for the first time only after June 5. According to experts, the stock market may see further decline in the month of March. Experts believe that the effect of Trump Tariff and Jio Political Tension can appear throughout the month of March.
Talking about the declining shares on the National Stock Exchange, the shares of Nestle India and Bajaj Auto are seeing a decline of more than 2.50 percent. At the same time, shares of HCL Tech and Infosys are trading with a decline of one and a half percent. Titan's shares appeared trading with a decline of 1.36 per cent.
If you talk about fast shares, then SBI and BEL shayars are seeing an increase of about 3 percent on NSE. Those who are trying to recover the stock market. The shares of IndusInd and Power Grid are seeing an increase of more than 1 percent. On the other hand, the shares of Adani Enterprises are traded with a rise of about 1 percent.
The special thing is that investors have suffered even today due to the decline in the stock market. In just 3 minutes, Rs 1.33 lakh crore was cleared from the investor's pocket. When the stock market was closed on Monday, the market cap of BSE was Rs 3,80,21,191.08 crore, which came down to Rs 3,78,87,914.33 crore only after three minutes of opening the stock market on Tuesday. This means that the market cap of BSE suffered a loss of Rs 1,33,276.75 crore.
