Amidst mixed signals from the global market, the second trading day of the week, Tuesday, June 7, saw the Indian stock market open with a red mark. There has been a drop of more than 500 points in the Sensex today, and the Nifty has also fallen. The Sensex is down 532.44 points or 0.96% at 55,146.66, while the Nifty is down 157.80 points or 0.95% at 16,411.75.
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An earlier trading session of the week had seen a decline in Indian stocks. The Sensex closed Monday at 55,675.32, down 93.91 points or 0.17% percent, while the Nifty lost 18.55 points or 0.11% to close at 16,565.75. Today, the Indian stock market also saw a decline in the pre-opening session, and Sensex fell 300 points and the Nifty 16,500.
Global market also fell
The Asian markets are under pressure in today’s trading. As well as this, stock futures have also declined. The US market closed with a small gain on Monday. This morning, Dow Jones gained 16 points and closed at 32,915.78. NASDAQ gained 49 points to close at 12,061.37. Meanwhile, the S&P 500 index gained 13 points and closed at 4,121.43.
These indexes also declined
The market today is in the red for almost all sectors. As of now, just the Oil and Gas Sector is trading in the green, whereas the Nifty Bank, Auto, Financial Services, FMCG, IT, Media, Metal, Pharma, PSU Banks, Private Banks, Realty, Healthcare, and Consumer Durables Sectors are down.
Only 3 stocks of Sensex in green mark
In today’s selling environment, only three out of the top 30 stocks of the Sensex are in the black, with 27 stocks dominating the fall. Other than these, today shares of Reliance, NTPC, and Power Grid are trading in green.
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