Indian Stock Market Fell for the Third Consective Day Sensex and Nifty Crashed

News India Live, Digital Desk: Stock Market: The process of falling in the Indian stock market for the last few days continued even today. The benchmark index Sensex and Nifty closed at the red mark in the third consecutive trading session, increasing the concerns of investors.

The 30 -share Sensex of Bombay Stock Exchange (BSE) fell 453.79 points or 0.59% to close at 76,868.15 points. It fell below a psychological level of 77,000. At the same time, the Nifty-50 of the National Stock Exchange (NSE) also closed at 23,450.40 points, below 123.60 points or 0.52% to 23,500.

Today’s trading saw a rise in about 1,219 shares, while 2,058 shares declined, and there was no change in 101 shares. These figures clearly reflect the selling pressure in the market. Except for the media and the pharma sector, all other major sectors recorded a decline, showing widespread weakness in the market. FMCG, Auto and Metal sector saw the biggest decline.

This is the third consecutive time both major index have fallen, increasing the nervousness in investors. Between global signals and lack of domestic economic data, there is no strong catalyst in the market at the moment. Investors are advised to invest carefully in view of market volatility.