The Indian stock market experienced a significant downturn during the early trading session today, March 15. According to reports, the Sensex, during the initial trading hours, showed a decline of 180 points. Similarly, Nifty also began the day’s trading with a 50-point drop.
Market Performance During Early Trading
During the initial trading session, 15 out of 30 stocks in the Sensex showed red signs, while the remaining 15 showed gains. The Sensex commenced its day’s trading at 72,886 points. On the other hand, Nifty also began its trading session with a 50-point decline, starting at 22,064 points.
Weakness in Specific Indexes
During today’s early market session, weakness was observed in various indexes including Nifty IT, Nifty Bank, Nifty Auto, Nifty Pharma, Nifty FMCG, and Nifty Financial Services.
Top Gainers and Losers
Notably, during the early trading session today, Nifty Midcap 100 and BSE Small Cap Index showed slight gains. Among the top gainers in today’s market were Adani Enterprises, Power Grid, NTPC, ONGC, Tata Motors, Adani Ports, and SBI shares. Conversely, shares of BPCL, Grasim Industries, SBI Life, LTTS, Infosys, Axis Bank, and Coal India witnessed significant declines.
Market Status from Previous Day
It’s worth mentioning that yesterday, March 14, the Indian stock market displayed positive momentum. Reports indicate that the Sensex saw a rise of 335 points, closing at 73,097 points. Similarly, Nifty recorded a surge of 148 points, ending the day’s trading at 22,146 points.
As the stock market continues to fluctuate, investors are advised to stay updated with the latest developments and exercise caution while making investment decisions.