Stock Market: Markets fall in early trade on weak global trends


Stock prices fell again today, just like yesterday. This is because:

Stocks in India lost ground today. The Sensex fell 586 points to 69,920, and the Nifty dropped 173 points to 20,976.

  • Global markets are not doing well: Other countries’ stock markets are also going down, which makes our market shaky.
  • Foreign investors are selling Indian stocks: They are taking their money out of India, which reduces demand for stocks and makes them cheaper.
  • The recent rally was too good to last: Stock prices had been going up a lot recently, so some investors are taking profits now before prices fall further.

The main losers were companies like Axis Bank, Larsen & Toubro, and ICICI Bank. The only ones that went up were Power Grid, Reliance Industries, and Nestle.

Overall, it was a bad day for the Indian stock market, but it’s not unusual for prices to fluctuate. We’ll have to see what happens tomorrow!


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