The impact of the US stock market plunge was also seen on the Indian stock market on Tuesday, where a sharp decline was seen as soon as trading began. The 30-share Sensex of the Bombay Stock Exchange fell 400 points at the opening, while the Nifty of the National Stock Exchange also fell more than 130 points.

The biggest loser in the market was IndusInd Bank, whose shares fell by 15 percent at the opening. The technology sector also saw a significant decline, where major stocks like Infosys, TCS and Tech Mahindra recorded a decline. On Monday, the Sensex closed at 74,115.17, but opened at 73,743.88 on Tuesday and fell further to 73,672 within minutes. Nifty also opened at 22,345.95 compared to Monday’s 22,460.30 and quickly fell to 22,314.

As the market opened, shares of 617 companies rose, while shares of 1715 companies fell and reached the red mark. Moreover, shares of 105 companies did not see any significant change. IndusInd Bank, Infosys, Tech Mahindra, TCS and Tata Motors saw a sharp decline in early trade, while shares of ICICI Bank, Maruti Suzuki and ONGC were seen on the green mark.

Experts say that the recent decline in the US stock market and global economic concerns are also affecting the Indian market. The pressure on the technology and banking sectors in particular may continue. Investors are being advised to be cautious and make a strategy for long-term investments. If the global market does not stabilize, further volatility may be seen in the coming days, so instructions are being given to avoid large investments in the short term.