For the second consecutive day, there is a big drop in the stock market. While the main index of the Bombay Stock Exchange Sensex dropped by 350 points to 36660 points. On the other hand, the National Stock Exchange’s main index Nifty is trading 120 points down at 10860 points. There is a decline of over 10 percent in the shares of the CCD. At the same time, shares of JK Tires are showing a decline of 10 percent. BSE Midcap and BSE Smallcap are trading with a decline of 160 points.
Decline in all major sectors to sectoral indexes are trading with all major sectors declined. In the banking sector, the bank is trading with exchange rate of 353, auto 183, capital goods 125, consumer durables 124, metal 193, oil gas 181, pharma, and 103 points down. At the same time, IT and Tech Sectors are doing business at a flat level.
After the 10 percent fall in shares of CCD and JK Tires, talk about the shares of the companies, after the death of CCD owner VG Siddhartha, the shares are continuously falling. Talking on Friday, the shares of the company fell 11 percent in the National Stock Exchange. At present, shares of JK Tires are showing a decline of 9 percent. On the other hand, shares of ONGC and GAIL are down 3%.
In the shares of the rise, Airtel and Tata Motors are among the top gainers, Bharti Airtel, and Tata Motors shares. Despite losses in quarterly results, Airtel shares are up 3.52 percent, while Tata Motors shares are also up 0.69 percent. G Entertainment and Asian Paints are also seen in the shares of one percent.