Sensex and Nifty fall – Europe’s markets saw an increase
Indian markets are open in the red mark on Wednesday. The Sensex fell by 500 points to 52623 and the Nifty opened at 15705.
At present, Nifty has fallen while trying to hold it at 15700. At the same time, the Indian rupee has also slipped to 78.90. Earlier, after a good start, the US markets have seen a decline.
The Dow Jones slipped from the day’s high and closed at the day’s low. The Dow has closed down 950 points from the day’s high. Apart from this, the Nasdaq has seen a decline of up to 3 percent. In fact, weak consumer confidence data in the US has weakened the market.
Selling pressure is increasing in all sectors except energy stocks. However, markets in Europe have seen a rise of 0.5 percent. PLC/GT