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

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

Coming to the Sensex top-30, till 2.15 pm, stocks of 28 companies were in red and only two in green. A maximum decline of 6 percent was in the stock of Tata Motors. Adani Port slipped by 5.6 percent. Tata Steel plunged by 4.7 percent. Stocks of SBI, Maruti Suzuki, Reliance Industries, and TCS, too, were trading with a decline of over 3 percent.

At the same time, both the green stocks are from the moving Consumer Goods sector including Hindustan Unilever and Nestle. The shares of HUL, famous for making products like Lifebuoy, Lux, and Clinic Plus were trading with a jump of 1.1 percent. While Nestle, which makes Maggi rose 0.7 percent.

The situation of the Nifty 50 is more or less the same as that of the Sensex top 30. In this, shares of 44 companies are trading in red and 6 in green. Apart from Tata Motors and Adani Port, ONGC's shares have also fallen sharply. This is because of the possibility of the oil crisis deepening due to increasing tension between Israel and Iran. The stock prices of the banking sector have also declined drastically due to financial uncertainty.

Now, if we are talking about the green mark stocks of Nifty 50, aside from Hindustan Unilever and Nestle, Britannia Industries also counts here along with Tata Consumer Products, Apollo Hospitals, and HDFC Life Insurance. These stocks jumped from 0.34 percent to 1.16 percent.