Stock Market Opening On 19 December 2024: Indian stock market opened with a huge decline on Thursday. As soon as the market opened, the BSE Sensex fell by 1000 points. The National Stock Exchange's Nifty also saw a decline of 300 points. Due to the US Central Bank Federal Reserve reducing the number of interest rate cuts in the year 2025, there was a sharp decline in the stock market there, which has also affected the Indian markets. The Sensex again slipped below the 80000 mark and is trading at 79,237 with a decline of 946 points and the Nifty is trading at 23,907 points with a decline of 291 points.

IT stocks fell sharply

Out of 30 shares of Sensex, 28 are trading with decline and only 2 with rise. Out of 50 shares of Nifty, 47 are trading with decline and only 3 shares are trading with rise. Among the falling shares, Infosys is trading with a decline of 2.49 percent, SBI 2.14 percent, HCL Tech 1.93 percent, Tech Mahindra 1.85 percent, Bajaj Finserv 1.67 percent, Tata Steel 2.01 percent. Only HUL and ITC shares are trading with gains. A total of 3306 shares are trading on BSE, out of which 841 shares are trading with gains while 2354 shares are declining. A total of 3306 shares are trading on BSE, out of which 841 shares are trading with gains while 2354 shares are declining. 

Due to the fall in the stock market, investors have suffered a loss of more than Rs 3 lakh crore in the morning. The market cap of stocks listed on BSE has come down to Rs 449.34 lakh crore, which was Rs 452.60 lakh crore in the last session. That is, investors have suffered a loss of Rs 3.26 lakh crore in today's trade.  

Condition of sectors 

In today's trade, banking, auto, IT, FMCG, metals, energy, oil and gas, consumer durables sector stocks are down while only pharma and healthcare stocks are up. In today's trade, selling is being seen in midcap and smallcap stocks. 

why did the indian market fall

The US Federal Reserve has only talked about rate cuts in 2025, which has disappointed markets around the world, including the US. Therefore, there has been a sell-off in the Indian markets as well. Due to its decision, the rupee has weakened against the dollar and has crossed the 85 level for the first time and has fallen to the level of 85.07 with a weakness of 11 paise.