March 25: Stock market plunges again, Sensex rolls 740 points #Nifty #sensex

Like the previous day, the Indian stock market closed on the red mark with a big fall on 25 March. The benchmark indices BSE Sensex and NSE Nifty broke more than 1.5% between Volatility. Investors’ concern has increased due to the ever-increasing cases of Corona. The stocks of the auto and energy sectors were the weakest.

The Sensex has now reached below 48,500 due to the fall. At the same time, the Nifty 50 also closed near 14,300 due to weakness.

The big things of the business of 25 March-

The weakness in the BSE Sensex was 740 points. NSE Nifty lost 224 points.
At the time of closing the Stock market, only 4 stocks in 30 of the Sensex pack remained in the green mark. 45 shares of the Nifty pack were broken.

Craftsman Automation’s stock was listed on the market at a discount of 9.4%. In contrast, Laxmi Organics shares were listed at a good premium of 20%.

The IPO of Barbecue Nation was subscribed 1.84 times till 3.28 pm on the second day. This issue is open to investors till Friday 26 March.

The Nifty Smallcap 100 and Midcap 100 indices also weakened by more than 2%, continuing the previous day’s decline.

The Volatility Index (VIX) has reached 22.69 after a jump of 1.02%.

Market Movement

Nifty

Open – 14,570.90
Close – 14,324.90
Variations – (-1.54%)
High – 14,575.60
Lo- 14,264.40

Sensex

Open- 49,201.98
Close – 48,440.12
Variations – (-1.51%)
High – 49,247.95
Lo- 48,236.35

What was the reason for the decline in the market?

The market is being sold out of concern due to the ever-increasing cases of Corona. Bears (bears) have been holding well in the market since the morning amid weak signals from the overseas market. A lot of money is also being withdrawn from the market by foreign institutional investors (FII). The lack of strength in technical charts also affected the Stock market.

Which sector did how well?

On 25 March, almost all sector-based indices of the Nifty closed in the red mark. Energy, FMCG, IT, auto and reality indices declined between 2% and 3%. Nifty Bank, Financial Services and Pharma shares lost nearly 0.85%. The metal index closed flat after a slight rise of 0.02%.

Nifty-50 shares seen the fastest in these stocks

Tata Steel (+ 2.87%)
Dr. Reddy Labs (+ 0.78%)
ICICI Bank (+ 0.55%)
HDFC (+ 0.50%)
Larsen (+ 0.35%)

These shares of Nifty-50 are broken.

IOC (-4.02%)
Maruti Suzuki (-3.88%)
Coal India (-3.40%)
Bharti Airtel (-3.14%)
Hindustan Unilever (-3.00%)

Stocks that remain most active-

According to Value, Tata Steel, Tata Motors and SBI were the three most active stocks in the Nifty. At the same time, according to the volume, the stock of Tata Motors, SBI and Tata Steel dominated.

What is the sign next?

The market will be affected by FII investment, signals from the foreign Stock markets, corona, and news related to bond yields. Investors should be careful in the market and only trade in goods stocks.