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Why is Sensex dropping today?

Why is Sensex dropping today?

This is largely due to pre-budget jitters among investors and a wave of weak quarterly results. Technology stocks were worst hit today, with the Nifty IT index down over 2.22 per cent. Zomato, Paytm and Nykaa were some of the tech companies that witnessed sharp losses during today’s trading session.

Why did BSE crash today?

Share/Stock Market Highlights: The benchmark equity indices on the BSE and National Stock Exchange (NSE) fell for the second successive session as they crashed around 3 per cent on Monday taking cues from their global peers which fell due to rising Russia-Ukraine tensions.

What Will Sensex today?

an hour ago

Index Price %Chg
SENSEX 58142.05 3.08
NIFTY BANK 38170.10 3.42
NIFTY IT 34913.30 3.05
S&P BSE Smallcap 28043.69 1.97

Will the Indian stock market crash soon?

A poll of strategists, conducted by news agency Reuters, indicated that domestic equities will not recover from recent losses until after mid-2022. This is due to concerns over Covid-19 resurgence and global monetary tightening. Further corrections can also be expected in the next six months.

Why Indian market is going down?

Indian stock markets crashed on Monday amid a global sell-off in equities, fuelled by rising tensions in Ukraine, which spurred demand for safe-havens. About 574 shares advanced, 2,897 shares declined, and 108 shares were unchanged.

What is nifty and sensex today?

S&P BSE Sensex is currently sitting at 58,644 while the NSE Nifty 50 index is at 17,516.

What is today’s index?

Major U.S. Indexes

Symbol Price %Change
S&P 100 2081.87 0.80%
.IDX 2623.18 0.17%
.SML 1283.62 0.01%
DJIA 35089.74 -0.06%

Which is the cheapest share to buy?

Best Stocks Under Rs 20 (Based on Market Cap)

  • Vodafone Idea Ltd.
  • UCO Bank Ltd.
  • Bank of Maharashtra Ltd.
  • Punjab & Sind Bank Ltd.
  • Suzlon Energy Ltd.
  • Reliance Power Ltd.
  • Ujjivan Small Finance Bank Ltd.
  • Dish TV India Ltd.