By Admin 
Stock Market News: The third trading day of the week, Wednesday, March 4, had a very bad start in the Indian stock market. Major benchmark indices BSE Sensex and Nifty 50 opened in the red. The 30-share BSE Sensex opened at 78,528.82 with a decline of 1,710.03 points or 2.13 percent. At the same time, NSE Nifty 50 also slipped by 476.90 points or 1.92 percent and opened at 24,388.80.
stock market crash
By around 9:20 am, the Sensex was trading at 78,497 with a fall of 1,741 points. Whereas Nifty 50 was trading at the level of 24,402, falling by about 463 points. BSE’s top gainers and losers: Infosys and HCL Tech were the top gainers during early trading on BSE.
Whereas L&T, Tata Steel, Adani Ports, Mahindra & Mahindra, Indigo and Reliance Industries were included in the list of top losers. How was the market on Monday? Earlier on Monday, March 2 also, a sharp decline was seen in the market. The Sensex fell 1,048.34 points or 1.29 percent and closed at 80,238.85. Whereas Nifty fell by 50, 312.95 points or 1.24 percent and closed at the level of 24,865.70.
uncertainty over crude oil
On Monday, only three shares in the BSE basket closed in the green, while 27 shares recorded a decline. Sun Pharma and ITC were the top gainers, while Indigo, L&T, Adani Ports, Maruti, Asian Paints and Reliance Industries were the major losers.
Most of the sectoral indices including Nifty 100, Nifty Bank, Nifty Auto, Nifty FMCG, Nifty Smallcap 100, Nifty IT and Nifty Midcap 100 also recorded a decline. Overall, there is a weak trend in the market and the eyes of investors are now focused on global cues and crude oil prices.
Also read: No effect of increased crude oil prices! India has oil reserves for 40 to 45 days
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