Page 2 - Nifty Fall News Today

Stock Market India: Equity benchmarks fell on Wednesday, stalling a two-day winning streak, tracking a sea of red in Asian bourses following a deep sell-off in Wall Street stocks.

Stock Market India: Equity benchmarks fell early on Wednesday, tracking a broader weakness in global stocks

The sharp fall in Sensex and Nifty on Monday amid a huge selloff in the global equities saw domestic investors losing more than Rs 6 lakh crore. Todays slump in the indices is the sixth out of seven sessions.

The NSE Nifty 50 index fell 0.63 per cent to 18,142.60 by 0351 GMT, while the S&P BSE Sensex shed 0.66 per cent to 60,845.77.

Benchmark market indices fell sharply after Monday's opening due to the rapid spread of the Omicron variant of coronavirus.

Sensex lost 764.83 points and closed lower at 1.31 per cent at 57,696.46 on Thursday. The broader NSE Nifty plunged 204.95 points or 1.18 per cent to 17,196.70.

Led by losses in index heavyweight Reliance Industries, private lenders and select IT stocks, benchmark indices extended their losses to the fourth day on Wednesday. Weak global markets, a mixed set of Q3 earnings and selling by foreign institutional investors (FIIs) dented the domestic market mood in todays session. Meanwhile, investors chose to book profits ahead of the Union Budget on Monday, February 1. The BSE barometer Sensex plunged 938 points to 47,410 while its NSE counterpart Nifty...