Rudra Investment Nifty Tips Expert says The opening of the red mark of the Asian markets also showed the impact of India and the stock market open with a big drop. While the Sensex opened below 36000 with 200 points declining, the Nifty opened near 10800 with 60 points weakness. Tata Motors has fallen to more than 2 percent and top losers in the Nifty 50. All indexes of Nifty are maintained in red marker.
These are the most falling stocks
The nifty metal index remains the weakest 1.21 percent due to heavy selling pressure in metal stocks. Hindalco Industries has 2.10 percent, Tata Steel at 1.41 percent, JSW Steel 1.40 percent and Vedanta 1.30 percent.
Open Asian Market in Red Mark
According To Nifty Tips Expert Most Asia markets open in red marks due to uncertainty over potential economic downturn and trade war between the US and China. China's Shanghai Composite is trading 1.09% and Shenzhen is trading 1.50% with weakness. Hong Kong's 1.60 percent, Hong Kong's Nikkei 0.76 percent, South Korea's Kospi declined 0.83 percent.
Earlier on Tuesday a huge decline in the American stock markets Dow Jones closed at a loss of 3 percent at 25,027.07. On the other hand, the Nasdaq composite index closed at 7,158.43 with a weakness of 283.09 points, which is 3.80 percent.
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