Mumbai: The Sensex trading on Thursday in the domestic stock market started with a decline due to weak signals from foreign markets.
Sensex broke over 300 points
During the early trade, the Sensex broke over 300 points and the Nifty also lost more than 100 points.
The domestic stock market remains under selling pressure due to a growing business trend due to rising cases of coronavirus in the country and weak signals from foreign markets.
The Sensex was trading at 24,134 points, or 0.80 per cent, down at 30,137.87 from the previous session at 9.27 a.m. while the Nifty was at 8,850.95, down 74.35 points or 0.83 per cent from the previous session.
The 30-share Sensex based on the Bombay Stock Exchange (BSE) was down 284.30 points from the previous session and opened at 30,095.51 and fell to 30,016.17.
The National Stock Exchange’s 50-share sensitive index Nifty also opened with a weakness of 74.05 points at 8,851.25 from the previous session and fell to 8,821.90.