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The interest rate cuts by the RBI and falling inflation

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Stock market today: Sensex plunges over 300 points, Nifty near 23,321 during early trade

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Stock market today: Sensex plunges over 300 points, Nifty near 23,321 during early trade

NEW DELHI: Markets opened at a slight low on Thursday after being on an upward trend for the week. Sensex opened with a plunge of 76.27 points at 76,968.02 while Nifty was also down at 23,401.85. the markets plunged further soon after opening with Sensex by over 300 points at 76,675.62 while Nifty plunged by over 100 points being at a low of 23,298.55 during early trade.
This marks a significant turning point for the Indian stock markets as it has been at a high throughout the week since Tuesday, Monday being a holiday. Today’s trading will also mark the end for the week as markets will be closed on April 18 on account of Good Friday.
On Wednesday, markets had closed in green with Sensex up by 309.40 points or 0.40 per cent at 77,044.29 while Nifty had also gained 108.65 points or 0.47 per cent, reaching 23,437.20.





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