Stock Market Today: Sensex Falls Over 300 Points, Nifty Opens Below 22,690

Amid major changes in the global economy, the stock market sees ups and downs. Indian equity markets opened down on Tuesday, with the Nifty dropping below the 22,690 mark and the Sensex falling over 300 points.

Oil Prices

At the time of reporting, crude oil was trading at around 100.85 USD per barrel and Brent Crude at approximately 114.91 US per barrel. With a gap down, both of the major indexes, Sensex and Nifty, began trading.

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Trading

At the time of reporting, the Sensex was trading at around 73,229.20, down 377.47 points or 0.51 percent, after opening at 73,484.38 against the previous closing of 73,606.75. Nifty similarly started at 22,708.80 and was trading at approximately 22,676.70, a loss of 76.50 points or 0.34 percent, from its previous close of 22,753.20.

Market Performance

The market had a mixed performance sector by sector in the early morning trade, with the majority of broader market indices trading in the green while shares of cement, IT, FMCG, oil and gas and metal experienced selling pressure, reported by ANI.

(Disclaimer: Given the input is on an information basis, please seek professional advice.)