The stock market crashed, the Sensex closed below 47 thousand for the first time in the year 2021

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New Delhi, Thursday 28 January 2021

The Sensex and Nifty closed at the red mark on Thursday, the third trading day of the week, after a day-long slump on Thursday. The market closed on Tuesday to mark the 72nd Republic Day.

The Sensex has fallen more than 3 market points in the last five days, reaching 50,184 on January 21. According to government data, FDI inflows during April-November stood at અ 58.37 billion, up 22 per cent from 47 47.67 billion in the same period last year. This is the highest FDI figure in 8 months, with FDI in the stock market at 43 43.85 billion during the period, up 37 per cent from last year.

According to experts, the market may fluctuate in the coming days before the end of the Union Budget and monthly deals. The quarterly results of companies will see the market fluctuate. The Federal Reserve's monetary policy is also to be announced this week.

Shares of SBI, Axis Bank, IOC, BPCL and GAIL closed at the red mark, while Wipro, Hindustan Unilever, Maruti, HDFC Bank and Power Grid closed at the red mark.

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