Stock Market Live Today: Stocks in continuous decline: Sensex, Nifty fall: Adani withdraws FPO

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Stock Market Live Today: Mumbai and national stock markets started trading lower this morning.

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First Published Feb 2, 2023, 9:31 AM IST

Stock Market Live Today: Mumbai and national stock markets started trading lower this morning.

Adani Enterprises is going to sell all the shares in the FPO issued to the investors. Today’s trading knows what kind of trend this will cause in the market

Sensex down 340 points; Nifty below 17,500,Adani group equities under scrutiny as FPO withdraws

The US Federal Reserve has raised rates by 25 basis points to curb inflation. As a result, interest has increased from 4.50 percent to 4.75 percent. This interest rate hike may also have an impact among investors in the market.

Foreign investors’ withdrawal of shares from the Indian stock market may also increase in the coming days. Hence, it will be known whether the decline will continue or there will be a swing in today’s trade.

Sensex down 340 points; Nifty below 17,500,Adani group equities under scrutiny as FPO withdraws

The Sensex surged over 1000 points in the stock market when the Union Budget was presented yesterday. But the Sensex rose and the Nifty fell at the end of the afternoon slump. But Sensex and Nifty have fallen since this morning.

In early morning trading, Sensex was down 341 points and was trading at 59,366 points. The Nifty fell 133 points to trade at 17,482 points on the NSE.

Last Updated Feb 2, 2023, 9:31 AM IST

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