Significant fluctuations were observed in the stock market on Monday. The start of trading surprised traders as both indices initially plummeted, but half an hour into the trading session, the situation changed drastically, and Sensex and Nifty began a rapid ascent, recovering from their fall.
The BSE Sensex, which opened at 72,990, fell compared to last Friday's close of 73,123, beginning its descent. In just five minutes, the index lost 609 points, reaching 72,514. However, after half an hour of trading, the direction of movement reversed, and the decline turned into a rise. By the time of writing, this index had risen by more than 360 points, trading at 73,491.
The NSE Nifty demonstrated similar dynamics. After an initial decrease, it also returned to a growth trajectory. This index, composed of 50 stocks, opened at 22,524, lower than the previous close of 22,600, and then dropped by 213 points to 22,387. Following the rise of the Sensex, it also started to grow, showing an increase of more than 60 points by the time of publication, trading at 22,659.