Rudra Investment | Sensex Falls 1000 Points, Nifty Breaks 371 Points

Rudra Investment Stock Market News On Tuesday, with the negative signals from the global market, the Indian stock market opened with a huge fall. The Sensex dropped by 1003 points to 33,754 points. The Nifty breaks 371 points to 10,295 points. Asian markets have been selling heavily since weakness in the US markets. The effect has been seen on the domestic market. In early trading, the market declined, with the Sensex plunging by 1274 points. The Nifty fell at 390 points.

Rupee plunges 29 paise to open

- On Tuesday, the second trading day of the week coincided with the fall in rupee. Rupee drops 29 paise to 64.35 against dollar On Monday, the rupee was closed at 64.06 level without any change.

FII sells, DII buyers

- In the business of Monday, Foreign Institutional Investors (FII) sold 1263.57 crores in the domestic market. Domestic Institutional Investors (DII) bought 1163.64 crore rupees

Large drop in Asian markets

- The effect of a huge drop in US markets is being seen in Asian markets. On Tuesday, the Japanese market Nikkei is trading 1196 points i.e. 5.27 percent and is trading at 21,486 points. Hang Seng is down 1385 points at 30,861 points. At the same time, the SGX Nifty is down 370 points and is trading at 10,326 points.

- The Korean market index is trading at 2492 points, down 1.33 percent, while the Taiwan index is trading 510 points with 10,435 points. Shanghai Composite has a weakness of 2.14 percent. Straits Times is trading 112 points down at 3371 points.

6-year biggest fall in US markets

- On Monday, the biggest decline of 6 years in the US markets has been recorded. This decline has lost the past one year's lead. The expensive Bond Yield has raised the concerns of investors. Under the selling pressure, the S & P 500 index of the US markets and the Dow Jones Industrial Index have broken more than 4 percent. The American market has dropped more than 7 percent from its high.

- Bond Yield has reached 2.88 percent in the US. Increase in Bond yields showed a huge sell-out in Monday's turnover. Dow Jones closed at 24,346, with 1175 points i.e. a 4.60 percent fall. One time Dao Jones broke 1600 points. On the other hand, the S & P 500 index slipped 113 points, or 4.10 percent to 2,649 points, while Nasdaq composite closed 273 points, or 3.78 percent down at 6,968.

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