Stock Market Update Opening On 28th February 2022: The effect of Russia’s attack on Ukraine and rising international tensions is visible on the stock markets around the world and the Indian stock market is also not untouched by it. Due to the decline in Asian markets in the morning, the Indian stock market has also opened with a heavy fall on the first trading day of the week. With a fall of 529 points, the Sensex started trading at 55329 and the Nifty declined by 176 points at 16,481 points. But soon after, the fall increased and Sensex fell by 950 points and Nifty fell by 285 points.
Except the metals sector in the market, all the sectors are trading in the red mark. Shares of Banking Sectors are trading with heavy selling. Auto, IT, Pharma, Consumer durables sector shares are also trading in red mark. Mid cap and small cap stocks are also seeing a decline.
Of the 30 shares of the Sensex index of Mumbai Stock Exchange, 27 are trading in the red mark, while 3 shares are trading only in the green mark. The biggest fall is being seen in HDFC Bank, which is trading at Rs 1419, down 2.50 percent, while Power Grid is trading close to Rs 199, up 0.73 percent in the climbing stock.
Indices of Nifty Out of 50 stocks of Nifty, 46 are trading in red mark and 4 are trading in green mark. Tata Motors fell 3.07 per cent to Rs 445 in Nifty, while Hindalco was the biggest gainer in Nifty, which is trading 0.70 per cent higher at Rs 537.
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