Stock Market Update: The Indian stock market started with weakness in the morning but now the decline in the stock market has deepened. The Sensex has slipped below 80 thousand and the Nifty has once again fallen to the level of 24 thousand. Along with Nifty, the shares of Bank Nifty are also trading with weakness. Nifty has fallen 289 points or 1.19 percent from its day high and the Sensex is trading in the lower range after falling 975 points or 1.22 percent from its day high.

Stock market condition at 11.30 am

At 11.30 am, the BSE Sensex fell 767.34 points or 0.96 percent to 79,466 and is seen below the 80 thousand level. The NSE Nifty is trading at 24,052 level with a fall of 222.05 points or 0.91 percent. The stock market is currently seeing red marks all around and the big fall in the IT sector and the auto sector is being considered the reason behind this.

Know the condition of sectoral index

Nifty's IT index is witnessing the maximum decline of 2.13 percent and the auto index is witnessing a weakness of more than one percent. Apart from this, banks, pharma, FMCG, financial sector, healthcare and consumer durables sectors are witnessing a decline in trade.

latest update of sensex

Out of 30 Sensex stocks, only 5 stocks are seeing a rise and these include SBI, Tata Motors, Adani Ports, L&T and Tata Steel. Among the falling stocks, Infosys, Tech Mahindra, M&M, HCL Tech, TCS, Power Grid, NTPC, Nestle stocks are in decline.

These Nifty stocks took a dive

Infosys, Tech Mahindra, HCL Tech, M&M and TCS stocks have fallen the most and remain the top losers. Among the five biggest losers in Nifty, IT stocks are showing that the impact of a fall of more than 2 percent and 966 points is being seen in it.