Stock Market Today: Stock market declines on the day of Akshaya Tritiya, Sensex-Nifty rolled down
New Delhi:
Share Market Opening Bell: The stock market is seen declining on April 30 on the day of Akshaya Tritiya. The increasing tension between India and Pakistan and the impact of the global market also showed clearly on early trade. Both Sensex and Nifty index opened with a slight rise today. However, the speed of pre-opening could not last long.
Weakness seen in early trade
The stock market declined between 9:17. Sensex fell 192.85 points (0.24%) to 80,095.53. Nifty 60.50 points (0.25%) lost 60.50 points to 24,275.45.
Started with a slight increase
On April 30, the market showed a slight lead in the pre-opening session. The BSE Sensex gained around 82.41 points (0.10%) to 80,370.80. At the same time, the NSE Nifty was at 24,342.05, which was opened up about 6.10 points (0.025%).
Brake on the last two days fast?
On the last two trading day, the market had seen a tremendous rise. On Monday, the Sensex had a strong jump of 1,005 points and it had closed at 80,218.37. Nifty also rose 289 points to 24,328.50.
On Tuesday too, the Sensex rose 70.01 points to 80,288.38, and the Nifty climbed 7.45 points to close at 24,335.95. But in today’s business, this pace seems to be braking.
The impact of tension between India and Pakistan on market sentiments
The impact of increasing tension between India and Pakistan is clearly visible on the market move. Investors seem to be cautious in these uncertain circumstances. This is the reason that even after the positive start of pre-opening, the market started trading with a decline.
