Sensex plunged 75 points, below Nifty 10400, the FMCG-metal stock plummeted

On Tuesday, the weakening of the domestic stock market started weak with weak global signs and weakness in Asian markets. After weak start, selling in PSU Bank, FMCG, IT, Metal and Metal shares has led to a decline in the market. The Sensex has slipped 102 points from the upper level. The Nifty dropped 26 points from the top. Heavyweight stocks are seeing rapid growth in Maruti, HDFC, Axis Bank, HUL, HDFC Bank and Sun Pharma. At the moment, the Sensex dropped 79 points to 33,646 points and the Nifty slipped 22 points to 10,377 points.

Smallcap-midcap stocks rally

Midcap and smallcap stocks are getting better shopping compared to largecap stocks. BSE's Smallcap Index is trading with an increase of 0.39 per cent. High-Ground, Ducon, Inox Wind, TeamLease, Time Techno, Butterfly, Ralis, Videocon, Sabtien, Savaria, Small-cap Shares have been up 7.27-4.71 per cent - the BSE Mid-Cap Index has increased by 0.12 per cent. Among the mid-cap stocks, IGL, Tata Global, IDBI Bank, GMR Infra, BEL, Wockhardt Pharma, ABB, Petronet, Havells, Shriram Transport Finance, Gillette, IDFC Bank have increased by 4.63-0.54%.

Weaker beginning of rupee

On the second trading day of the week, there was a weak start in the rupee. Compared to the dollar, the rupee opened at 64.53 level with a weakness of 3 paise. On Monday, the rupee gained stronger than the dollar. Rupee rises 20 paise to 64.50 against dollar Although the beginning of the rupee was flat. Rupee was 1 paise lower at 64.71 level than the dollar.

FIIs are selling, DII purchases

In the business of Monday, Foreign Institutional Investors (FII) sold 424.77 crore rupees in the domestic stock market. At the same time Domestic Institutional Investors (DII) invested Rs 69.4 crore in the market.

Asian markets

In the US markets, mixed business has seen mixed business in Asian markets on Tuesday. Singapore's SGX Nifty index is trading 0.18 percent down at 10,399 points. Japan's market Nikkei is trading at 22,534 points with a gain of 37 points. Hang Seng is trading at 29,533 with weakness of 152 points.

The Korean market index index is trading at 2516 points, with the strength of 0.32 percent, while the Taiwan index is down 0.35 percent and is trading at 10713 points. Shanghai Composite is showing a decline of 0.31 percent. The Straight-Times index is down 0.10 percent and is trading at 3433 points.

American markets closed on Monday, the US markets closed on Monday. The weakness in retail stocks was mixed in the US markets. Dow Jones closed 23 points higher at 23,581. The S & P 500 Index was down 1 point to 2,601 points. However, Nasdaq closed 11 points lower at 6,879.

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