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Stock Market Opening: Big fall in the market, Sensex lost 425 points, Nifty fell 114 points

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Stock Market Opening Today: The effect of weakness in global markets was also seen on the domestic stock market today and Sensex and Nifty have opened with a big fall. BSE’s 30-share index Sensex is trading at 57,858.21 after losing 425.21 points or 0.73 per cent in the opening minute itself and has broken the psychological level of 57,900. Within 15 minutes of the market opening, the Nifty is seeing a decline of more than 106 points and it is trading at 17262 after a fall of 0.61 percent.

What is the reason for the fall in the market
Yesterday, the news of the first death from the Omicron variant of Corona in Britain caused a fall in the European markets as well and the global markets were not untouched by its fear. Its effect was also seen on the domestic stock market.

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Top gainers / top losers in the market
Talking about 50 stocks of Nifty, there is a decline in 30 stocks and trading is happening in 20 stocks with a boom. If we look at the most rising stocks within 15 minutes of the market opening, Power Grid is up 1.69 percent, Cipla 1.53 percent and Dr Reddy’s 1.07 percent. Hindalco is trading with a gain of 0.71 percent and Sun Pharma 0.69 percent.

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falling stocks
Tata Motors is trading in the red mark with a fall of 1.42 percent, HDFC 1.31 percent and Bajaj Finance 1.23 percent. Eicher Motors is showing trade with a weakness of 0.99 percent and Hero MotoCorp 0.92 percent.

How was the trade in Asian markets and SGX Nifty
SGX Nifty is seeing a decline of 160 points around 9 am today and is trading at 17308.50. Today the Asian markets are also witnessing a strong decline and except the Strait Times of Singapore, all the other indices are trading in the red mark of the fall. Japan’s Nikkei has broken 186 points and Hong Kong’s Hang Seng is trading by breaking 300 points. Shanghai and Kospi are also down and Taiwan index is trading down 174 points.

how was the market yesterday
In yesterday’s trade, the BAE Sensex closed at 58,283.42 with a fall of 503.25 points or 0.86 per cent. On the other hand, NSE’s 50-share index Nifty fell 143.05 points to close at 17,368.25 level.

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