BSE Sensex hits 13 points, falls on red mark

Sensex hits 13 points, falls on red mark


On Monday, on the first day of the business week, the Indian stock market witnessed a decline in the red mark with the decision to declare RCom’s bankruptcy process, owned by Anil Ambani. Due to the fear of losses, the Sensex fell by 13.21 points to 36,456.22 due to the fall in the investors’ positions, while the Nifty was broken at 16.80 percent at 10,876.75. At 9.37 a.m., the Sensex is trading at 36389 with a loss of 80 points and the Nifty is trading 28 points down at 10,864 points.

All sectoral indices are trading in the red mark except energy, healthcare consumer oil and gas. There is a decline in BSE Midcap and Smallcap too. In the Nifty, all sectors except IT and Pharma are trading in the red mark with declines. Nifty mid-caps and smallcaps are also declining.

In the morning, the Indian stock market is seeing the largest number of Anil Ambani-owned companies. After the decision to declare bankruptcy, Reliance Infocom’s shares have broken 36 percent till 9.35 hours. Apart from this, shares of Reliance Capital, Reliance Naval, Reliance Power are also trading in red marks.


Sensex hits 13 points, falls on red mark