Bank Nifty Share Price : Sensex Down 360 Points, Bharti Airtel Down 3.50%

According To Bank Nifty Share Price expert says A day before, the impact of the massive decline in US markets on the Indian stock market on Thursday. The Sensex, after selling in all sectors including banking and auto, broke up to 450 points in the initial trade. However, later it was found to improve. At the moment, the Sensex is down by 360 points, below the level of 33400. The Nifty is trading around 10100 with a drop of 111 points.

Due to these reasons fall in the market

• One day before, there was a huge decline in the American market. The main reasons for this were Tech Stocks, which recorded the biggest decline since 2011.
• This fall was so high that due to this, Dowjosan lost its full year's edge in one day.
• Apart from this, the results of Bluechip companies like Maruti and Bharti Airtel are coming to the fore before the expiry of October, which has kept the investors' stance alert.
• Besides, the fall in the other Asian market has also kept the pressure on the Indian stock market. Japan's Nikkei open with a decline of more than 3 percent. The Australian market fell 2 percent to one year's low level.

Most falling shares

Bank Nifty Share Price expert says Indiabulls Housing Finance is the biggest drop of 4.50 percent. Bharti Airtel has lost 3.20 percent, UPL by 3.15 percent, Vedanta Limited 2 percent and Grasim 2 percent.

Selling in banking stocks

Nifty bank index has declined by almost 1 percent due to heavy selling. SBI has 2.31 percent and ICICI has around 2 percent weakness. Apart from this, 3 percent in IDFC Bank, 2 percent in Bank of Baroda, Axis Bank is down 1.30 percent.