Stock Market Estimation: Even today the market will make losses, investors will sell under the pressure of global market...


There is selling pressure on the Indian stock market for the third consecutive day today and the effect of the fall in the global market will also be seen in the sentiment of domestic investors. Sensex has broken nearly 700 points in two sessions.

In the last trading session, the Sensex closed at 59,120 with a loss of 337 points, while the Nifty lost 89 points to reach the level of Rs 17,630. Experts say that there will be pressure on investors to book profits in today's business because, after two days of decline in the global market, there is still a sell-off environment.


Big fall in US market
Investors have been staying away from the US stock market ever since the Federal Reserve gave a big increase in interest rates and indicated to increase interest rates further and there is a continuous decline. In the last trading session also, there was a big decline of 1.37 percent on NASDAQ, which is included in the major stock markets of America.

Along the lines of America, European markets also closed on a big decline in the last trading session. Germany's stock exchange, which is included in Europe's major stock exchanges, closed at a big loss of 1.84 percent in the last session, while the French stock market fell 1.87 percent. The London Stock Exchange also lost 1.08 percent in the previous session.

Asian market also boomed
Most of the stock markets of Asia have opened on losses this morning and are trading on the red mark. A loss of 0.43 percent is seen on the Singapore Stock Exchange this morning, while Japan's Nikkei is trading at a loss of 0.58 percent. Hong Kong's stock market is also showing a decline of 0.51 percent and 0.08 percent in Taiwan's market. Apart from this, the Kospi market of South Korea is also trading at a loss of 1.01 percent.

Where to bet today
Even amid this declining environment, investors have a chance to earn money. Experts are telling that in today's business some stocks can make gains. These are called high delivery percentage stocks. Today companies like Abbott India, Infosys, Nestle India, Honeywell Automation, and ICICI Bank are involved in high delivery percentage stocks.


Foreign investors continued selling
Foreign investors, who are investing money in the Indian capital market, have sold continuously this week. In the last trading session too, foreign institutional investors pulled out shares worth Rs 2,509.55 crore from the market. During the same period, institutional investors have also sold Rs 263.07 crore in the market.

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