Stock Market Updates: Due to the continuous bad signals from the global market, the Indian stock market opened again today with a fall. On Thursday, May 12, the 30-point Sensex is trading at 53,320.83, down 867 points. While the 50-point Nifty opened at the level of 210 points 15,956.45. Many stocks have collapsed in early trading. In such a situation, there is only a possibility of a decline in the trading session of the day.
The banking sector has given good returns in some trading sessions, so the eyes of the investors will remain on this sector. On the other hand, the Indian rupee has also declined. The Indian rupee has declined by 23 paise to 77.46.
Earlier on Wednesday, Sensex slipped 276.46 points to close at 54088.39 after day’s volatility, while Nifty lost 72.95 points to close at 16167.10. However, the shares of the banking sector were seen in good condition. In yesterday’s trading session, there were times when Nifty was on the surface of going below 16,000. But due to the banking sector, it saved its strong support level.
In just 4 days, 13 lakh crores of investors have drowned in the stock market. On Wednesday, BSE listed companies lost Rs 5 lakh crore. Not only this, the capital of these companies has decreased by Rs 13,32,898.99 crore in just four trading sessions.
