These shares suddenly fall before India-UK agreement! Investors have lost crores losses
The Indian stock market sees a major decline before the Indo-bywething Free Trade Agreement (FTA). The Sensex-Nifty recorded a major decline, while the pressure is also seen in the bank. Shares such as HDFC Bank, ICICI, Axis Bank, SBI also see a decline. On the day of Nifty’s expiry, the Nifty traded below 50 points to 50 180 points. At the same time, the Sensex dropped 650 points to 82,067 levels. Out of the top 30 shares of BSE Sensex, 5 shares – Zomato, Tata Motors, Tata Steel, Titan and Sunforma – all stayed below. The biggest decline was in Trent’s shares, which was more than 3 percent. Apart from this, Tech Mahindra and Reliance Industries also stood in shares. This, banking, financial services also had a great decline. Why is it falling in the stock market today? The world markets are below, while the Asian counterparts are above the optimism of the new America-Japan trading agreement. The results of the decline in the Indian market were not well by some companies. The results of the IT sector were particularly bad, which dropped stocks such as Coforge and persistent systems by 9 percent. The quarterly results of Nestle were also not good, as this stock is also under pressure. At the same time, bank shares have also decreased, thereby there is a widespread market decline. At the same time, pressure is seen in the market before the formal signature on the Indo-Britain Free Trade Agreement. The shares fell by 26 percent. IEX shares fell by 26 percent today after the Central Electricity Regulatory Commission (CERC) approved the implementation of the market connection rules. It is a model under which the upcoming dialects are collected on all power exchanges in one place. Under this model, the price of electricity at a time at all power exchanges will be the same. After implementing this model, IEX’s business will be affected, making its shares falling by 26 percent today. These shares are also drastic! Anil Ambani’s shares of Reliance Power fell by 5 percent. In addition, 5%in the metropolitan gas shares fell 5%in shares of Kofjerge, 7%in the shares of Persistant Systems, 4%in Nestle shares and 330%in Trent’s shares.