After a promising start to the year’s proceeding on January 1 and 2, the Indian markets appear to have gone back to their cacoon of bearishness. The Sensex and Nifty have sunk in the intraday trade on January 3.
The BSE Sensex, which is the oldest index in the Asian continent, dipped by more than half a percentage point on Friday.
The NSE Nifty was no different, as the index with a history of over three decades sunk as well.
Talking about the specifics, at the time of writing, the Sensex index dropped to 79,328.60 points, after declining by 615.11 points or 0.77 per cent.
The NSE Nifty index also deep cuts. The index dropped in value by 160.80 points or 0.66 per cent. This took the overall value of the index to 24,027.85.
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