Mumbai, 18/1: : On Tuesday, January 18, 2022, the Indian stock market fell badly. It would not be wrong to call it the biggest decline of 2022. Till about 1 pm, there was an increase or slight fall in the stock market, but after that almost all the indices of the market started falling. Nifty 50 was seen under pressure since morning. It closed at 18113.00 with a fall of 1.07% i.e. 195.10 points.
The BSE Sensex lost 0.90% or 554.05 points. It closed at 60754.86. Nifty Bank index made a good gain in the day, but it also fell to almost yesterday’s level. Nifty Bank declined by -0.02% or 5.85 points and closed at 38210.30.
It is being said that due to bad global signals, there has been a decline in the Indian stock market. After this, after the rise of 7 days, profit-booking dominated the market today. Selling was seen in midcap, smallcap stocks in today’s trading. The BSE Midcap index closed down 2.20 percent and the Smallcap index fell 1.92 percent. Today IT, FMCG, Capital Goods shares saw a decline. Metal, auto, realty indices were the biggest losers.