Domestic stock market fall under global pressure, Sensex and Nifty tank over 1.26%
New Delhi, February 28 (HS): Due to announcement of starting a tariff war once again by US President Donald Trump, the domestic stock market is also seen falling in early trade today. Today's trade also started with weakness. As soon as the market o
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New Delhi, February 28 (HS): Due to announcement of starting a tariff war once again by US President Donald Trump, the domestic stock market is also seen falling in early trade today. Today's trade also started with weakness. As soon as the market opened, the stock market kept falling due to selling pressure. Although buyers tried to force buying several times in between, despite this the selling pressure was so high that the condition of both Sensex and Nifty indices could not improve. After the first one hour of trading, Sensex and Nifty was trading with a weakness of 1.20 percent.

After the first one hour of trading, among the big stocks of the stock market, the shares of Coal India, Shriram Finance, Reliance Industries, Grasim and Axis Bank were trading with strength ranging from 2.62 percent to 0.23 percent. On the other hand, shares of Tech Mahindra, IndusInd Bank, Mahindra & Mahindra, Wipro and HCL Technology were seen trading with a decline of 4.89 percent to 3.65 percent.

So far, there was active trading in 2,470 shares in the stock market. Of these, 218 shares were trading in the green mark by making profits, while 2,252 shares were trading in the red mark by suffering losses. Similarly, out of the 30 stocks included in the Sensex, 4 shares remained in the green mark with the support of buying. On the other hand, 26 shares were trading in the red mark due to selling pressure. While out of the 50 stocks included in the Nifty, 7 shares were seen trading in the green mark and 43 shares in the red mark.

The BSE Sensex opened today with a weakness of 410.66 points at 74,201.77 points. As soon as the trading started, the decline of this index kept increasing due to selling pressure. Due to continuous selling, by 10 am, this index fell by more than 1,030 points to 73,579.44 points. However, after this, the buyers tried to force buying, due to which there was a slight improvement in the condition of this index. After the first 1 hour of trading amid continuous buying and selling in the market, at 10:15 am, the Sensex was trading at 73,719.78 with a decline of 892.65 points. Like the Sensex, NSE's Nifty today started trading at the level of 22,433.40 points, falling 111.65 points. As soon as the market opened, the weakness of this index kept increasing due to the selling pressure. Due to continuous selling, by 10 am, the Nifty fell by more than 320 points to 22,224.10 points. However, after this, buyers tried to make a push, which also led to a slight improvement in the condition of this index. After the first 1 hour of trading amid continuous buying and selling in the market, at 10:15 am, Nifty was trading at 22,260.55 points with a weakness of 284.50 points.

Earlier on Thursday, the last trading day, the Sensex closed at 74,612.43 points with a slight strength of 10.31 points i.e. 0.01 percent. On the other hand, Nifty ended Thursday's trading at 22,545.05 points with a symbolic decline of 2.50 points i.e. 0.01 percent.

Hindusthan Samachar / Jun Sarkar


 rajesh pande