Stock market faces sharp decline: Sensex, Nifty open in red territory

Mumbai (Maharashtra): The stock market faced a significant decline on Thursday, catching investors off guard.

The Sensex and Nifty, opened in the red, displaying a cautious stance following a sudden plunge. Sensex opened 442.72 points down at 70,063.59, while Nifty opened 123.65 points down at 21,026.50.

At 10:12 am, Sensex was trading 89.89 points lower at 70,416.42, whereas Nifty was trading 14.10 points down at 21,136.05.

Amidst the Nifty companies, seven witnessed advances, while 43 faced declines. Power Grid, ONGC, Reliance, Nestle India, and Britannia emerged as the top gainers, whereas Axis Bank, Cipla, Bajaj Auto, LT, and JSW Steel were the top losers.


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