IMF Effect - 220 consecutive days in the stock market

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Mumbai Ta-21 Jan 2020, Tuesday

The stock market fell 220 points on Tuesday morning as a result of the adverse impact of the International Monetary Fund's projection of India's growth rate this year.

There were 41, 400 points of transactions in the opening moments. The Nifty traded down 30 points to trade at 12,200 points.

This was the second consecutive day in the stock market. Banking sector and auto sector shares also saw sluggishness. In particular, shares of Hero MotoCorp, HDFC Bank and Kotak Mahindra Beck saw more than one percent gain. On the other hand, ONGC, IndusInd Bank and NTCP were reported to be dealing with the Shared Green Indicator.

On the first day of the week on Monday, the stock market also started with Kadaka. The 416-46 point record was recorded Monday.

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