The Free Nifty Tips Provider says that On Monday, the stock market was open with red marks and its impact did not go even close to the market. On the first day of the week, the Sensex plunged 224.33 points to 37,644.90 and the National Stock Exchange's Nifty index fell 73.75 points to close at 11,355.75. Sensex 37,559.26 and Nifty touched a level of 11,340.30 during the trading on Monday.
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On Monday, the Bombay Stock Exchange's Sensex Index dropped 288 points, while the National Stock Exchange's Nifty went below 11,400 points. Traders said the slowdown in the Asian markets along with Wall Street and a fall in the currency's currency in Turkey have put pressure on the domestic stock market. The 30-share index of the Bombay Stock Exchange fell by 288.16 points, ie 0.76 percent to 37,581.07 points. In the previous trading session, the Sensex dropped 155.14 points. At the same time, the Nifty of the National Stock Exchange also dipped 83.75 points, or 0.73 percent, to 11,345.75 points in the opening round. According to the primary data, domestic institutional investors bought a net of shares worth Rs 457.83 crore on Friday, while foreign portfolio investors (FPIs) sold shares worth Rs 510.66 crore purely.
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Asian stock markets have been declining due to the investors' stuttering approach amid a sharp fall in Turkey's currency lira. In the Asian stock market, Hong Kong's Hang Seng Index gained 1.44 percent in early trade and Japan's Nikkei index dropped by 0.83 percent, while Shanghai Composite Index slipped 0.94 percent.
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