The continued decline in the stock market has stopped. On Monday, the first trading day of the week, the 30-share Sensex index on the Bombay Stock Exchange opened strongly and closed at 79,864.74 points, up about 400 points. On the other hand, the Nifty on the National Exchange also reported at 24,292 points, up more than 80 points. It is worth noting that the stock market fell sharply on Friday, the last trading day of last week, with investors losing Rs 1 billion.
Markets were in chaos on Friday
Let us tell you that on Friday, the last trading day of last week, the stock market fell sharply. Investors lost around Rs 1,000 crore as the BSE Sensex fell 900 points in trade due to the stock market crash. However, by the close, the losses had stalled, but despite this, the Sensex fell 662.87 points or 0.83% to end at 79,402.29 points.
As for the NSE Nifty, it fell sharply by about 300 points on Friday and was trading below 24,200 points. As of the close, the index fell 218.60 points to close at 24,180.80 points.
(Note – Always take advice from market experts before making any kind of investment in the stock market.)