Stock Market News and Tips: Sensex plunged more than 200 points, below Nifty 10900, Kotak Bank dropped 12%

Stock Market News and Tips:

Sensex plunged more than 200 points, below Nifty 10900, Kotak Bank dropped 12%

Stock Market: The Sensex has broken more than 150 points. The Nifty is trading close to 10,850.

Stock Market: the Domestic stock market is witnessing a decline in Monday's business. In the one-and-a-half-hour business, the Sensex has broken more than 200 points. The Nifty is trading close to 10,850. There is pressure on the market by selling in shares of banking, auto, FMCG, metal, pharma, realty, capital goods, consumer durables, oil, and gas. However, IT stocks are showing steady growth. At the moment, the Sensex is trading at 0.61 percent and the Nifty is down 0.85 percent.

What stocks fall, a boom in

TCS, ICICI Bank, Infosys, HDFC Bank, Asian Paints, Wipro, ITC, HDFC, HUL, SBI, Coal India are the other major gainers during the business. However, there is a decline in Kotak Bank, IndusInd Bank, Tata Steel, Vedanta, Sun Pharma, Reliance, Maruti, ONGC, M & M.

The large drop in mid-caps-smallcap stocks

In the early business, there is a big drop in mid-caps and smallcap stocks. BSE's mid-cap index has fallen 1.47 percent, while the Nifty Midcap 100 Index has rolled 1.32 percent. BSE's Smallcap Index is trading 1.47 percent downward.

FMCG-IT gains, metal-pharma and realty fall

FMCG, IT and PSU Bank are seeing a surge in the sectoral index on NSE. Bank Nifty is trading 0.62% down at 24,963.20 level. In Pharma, 1.03%, Realty Index was up 1.16%, Auto 0.60% and Metal 0.36%. However, the FMCG index increased by 0.23%, IT index 0.85% and PSU bank index 0.64%.

source:- MoneyBhaskar

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