Indian stock market, which opened weak following negative global sentiment, continued its downward movement on account of heavy selling action in stocks cutting across sectors.
After closing negatively after a fall of 329.29 points (3.42%) on Monday (Feb 16), the 30-share index, BSE Sensex, today (Feb 17), opened at 9,213.40, down 92.05 points. US markets remained closed for Presidents Day holiday on Monday, February 16.
In today’s session, markets remained weak following yesterday’s non-eventful budget that failed to boost investors’ reaction.