Nifty 50: Chaos in the stock market, what is the condition of big stocks like SBI, Tata Motors and Reliance

New Delhi: Due to weak signals from global markets like America and Japan, the Indian stock market witnessed a huge decline on Monday. Sensex opened with a decline of about 2.5 percent in the pre-opening session itself. The same was the case with Nifty. After this, both these indices witnessed huge fluctuations during the entire trading session. At one time, Sensex and Nifty were trading with a decline of more than 3 percent.

Which stocks declined the most?

Talking about the Sensex top-30, till 2.15 pm, the stocks of 28 companies were in red and only two were in green. Tata Motors' stock fell the most by 6 percent. Adani Port also slipped by 5.6 percent. Tata Steel plunged by 4.7 percent. Stocks of SBI, Maruti Suzuki, Reliance Industries and TCS were also trading with a decline of more than 3 percent.

At the same time, both the green marked stocks are from the Fast Moving Consumer Goods (FMCG) sector, Hindustan Unilever (HUL) and Nestle. Shares of HUL, famous for making products like Lifebuoy, Lux and Clinic Plus, were trading with a jump of 1.1 percent. At the same time, Nestle, which makes Maggi, saw a rise of 0.7 percent.

Current Status of Nifty 50

Nifty 50 is also in a similar situation as Sensex top 30. In this, the shares of 44 companies are trading in red and 6 in green. Apart from Tata Motors and Adani Port, ONGC shares have also fallen sharply. The reason for this is the possibility of oil crisis deepening due to increasing tension between Israel and Iran. At the same time, due to financial uncertainty, banking sector stocks have also fallen sharply.

If we talk about the stocks in the green zone of Nifty 50, then apart from Hindustan Unilever and Nestle, Britannia Industries, Tata Consumer Products, Apollo Hospitals and HDFC Life Insurance are also included here. These stocks have seen a jump of 0.34% to 1.16%.