Today’s trading session witnessed a turbulent start as the benchmark equity indices opened on a negative trajectory.
The NSE Nifty 50 kicked off the day with a modest gain, opening 78 points or 0.35% higher at 22,225.90, while the BSE Sensex also showed a slight uptick, opening 235.35 points or 0.32% higher at 73,179.03. The initial signs seemed promising as the broader indices followed suit, with the Bank Nifty index showing a 0.54% increase, opening at 47,738.90.
However, the afternoon brought a significant downturn, with the Nifty plunging below the crucial 22,000 mark for the first time since March.
The unexpected decline has left investors apprehensive, highlighting the volatile nature of the current market conditions.
As of 3:00 PM NIFTY was at 21,980.00