The Reserve Bank’s monetary policy meeting concluded today. And in this monetary policy meeting, the repo rate was already being discussed. But to everyone’s disappointment, there was no change in the repo rate even in the ninth monetary policy meeting (Stock Market Today). And under its influence, the stock market (Sensex Today) fell by 250 points when it opened this morning. Sensex and Nifty both indices (stock market crash) are in red today. Investors were hoping for a change in interest rates, but the market is not supporting it. However, the pharma index rose 1 percent in the market today.
The situation is alarming for the metal industry in the global market. And so the metals sector in India has also come down today. The oil and gas index also fell by 0.82 percent today. Today, August 8, the Bombay Stock Exchange index Sensex opened with a drop of 47.52 points to 79,420; that is, the market opened with a gap down. The Nifty opened this morning with a gap of 48.95 points. The Bank Nifty fell 1.13 percent. And the Sensex fell by 250 points after opening the market. The market fell to 79,199 points.
Out of the 30 stocks on the Sensex, 21 fell. Only nine stocks are rising today. Tata Motors and Titan gained 1.71 percent and 0.90 percent, respectively. On the other hand, the shares of ITC, Hindustan Unilever, and Tech Mahindra have also increased.
Today, Thursday, August 8, the market capitalization of companies listed on the Bombay Stock Exchange has risen to Rs 447.76 lakh crore. On Wednesday, i.e., yesterday, it was 448.62 lakh crore rupees. A total of 3084 shares are being traded on the Bombay Stock Exchange, out of which 1150 have fallen in price. 52-week high has 112 stocks, low has 12 stocks. Besides, today, 91 shares have an upper circuit and 62 shares have a lower circuit.