Stock
Stock market update: Sensex and Gift Nifty topple down to start with losses
The Indian stock market has lost its green trending continuity by sustaining over two straight sessions losses dragged by banking and IT stocks' red trade. The BSE Sensex falls to 400 points whereas Nifty is floating below 21,650.
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The recent perspective built up by the stock market exchange was in profit context concerning declining dollar and US bond yields, which significantly provides a favourable situation for future investments. The Foreign portfolios have also gained a large volume of momentum while trending in the green session, approximately crossing over $6 billion as per recent data.
The previous month's recent crossover of 1000 points by Gift Nifty has strongly increased the current trading investment. Meanwhile, it is cautious to observe an important trending spike in the market indices showing strong volatility.