Sensex Fell 700 Points, Mahindra-Maruti Top Losers

Stock Market Update Today: Selling is being seen in the domestic stock market amid weak global signals. There is a sharp decline in both the Sensex and Nifty indices in today's trading. Sensex has broken more than 700 points. Whereas Nifty has come close to 17100. There is a massive sell-off in the market. There is heavy selling in bank, financial, IT, and auto stocks. Auto index on Nifty has weakened more than 2 percent. While the Bank, Financial, and IT indices declined from 1 percent to 1.5 percent. The Sensex is down by 705 points and is trading at the level of 57,393.97. There is a weakness of 213 points in the Nifty and it is trading at the level of 17115. Selling is being seen in 28 shares of Sensex 30. Today's top losers include TATASTEEL, MARUTI, Mahindra, INDUSINDBK, TITAN, NTPC, and SBIN WIPRO.

Global signals are looking weak for the domestic stock market. Heavy selling is being seen in major Asian markets in today's business. At the same time, on Friday, there was a fall in the US markets. There is a huge fall in Brent crude. Crude has come down to $ 86 per barrel. At the same time, US crude is at $ 78 per barrel. The 10-year bond yield in the US has crossed 3.7 percent.