“BSE Sensex and Nifty50 open lower, Sensex below 80,000 and Nifty50 below 24,300 on Thursday”

Indian equity benchmark indices, BSE Sensex and Nifty50, started the day on a negative note as they opened in the red on Thursday. The BSE Sensex dipped below the 80,000 mark while the Nifty50 was trading below 24,300. Investors are closely monitoring the market trends amidst global economic uncertainties. The decline in the stock market can be attributed to various factors including geopolitical tensions, rising inflation, and concerns over the impact of the Omicron variant on the economy. Market experts advise caution and strategic investment decisions during these volatile times. Traders are advised to keep a close watch on key support and resistance levels to make informed trading choices. The overall sentiment in the market remains cautious as investors await further cues to navigate through the current market scenario. Stay tuned for more updates on the stock market as the trading day progresses.

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