Share Market Today: Stock market declines in early trade, Sensex 200 and Nifty 61 points slipped
Share Bazaar News: Sensex and Nifty recorded a decline in early trade on Wednesday. BSE Sensex declined by 200.32 points to 81,351.31 points in early trade while NSE Nifty slipped 61.2 points to 24,765 points. Among the 30 companies included in the Sensex, ITC, IndusInd Bank, Nestle, Titan, Kotak Mahindra Bank, Mahindra & Mahindra, Reliance Industries and Maruti were in loss. ITC shares declined by more than 3 percent. Infosys, Eternal (East Zomato) (Eternal) (Eternal), Tata Motors, Tech Mahindra, Bharti Airtel and Tata Consultancy Services were in advantage.Also Read: Share Bazaar: Sensex 873 and NIFTY 262 points from selling in Reliance and HDFC shares
In Asian and American markets: Among the Asian markets, South Korea’s Cupi, Nikki 225 of Japan and Shanghai SSE Composite were in profit while Hong Kong’s Hangseng was in loss. US markets recorded a huge lead on Tuesday. 2.47 percent in Nasdaq Composite, 2.05 percent in S&P 500 and Dow Jones Industrial Average rose by 1.78 percent.
Brent Crude at $ 64.33 per barrel and FII was sold on Tuesday: International standard Brent crude fell by 0.37 percent to $ 64.33 per barrel. According to the stock market data, foreign institutional investors (FIIs) were living on Tuesday and purely bought shares worth Rs 348.45 crore.Also Read: 3 days decreased, the stock market closed in green mark for 2 days, what is the reason for instability?
Rupee fell 23 paise to 85.63 per dollar (Dollar) in early trade: The rupee fell 23 paise to 85.63 per dollar on Wednesday, amidst the strengthening of the US currency and the rise in crude oil prices. Forex traders said that the demand for dollars from exporters and banks at the end of the month led to the increase in local currency pressure, while the foreign fund flow was also slow amid mixed perception in domestic stock markets. In addition, investors are cautious in waiting for the signal from domestic and global large economic data.Also Read: Share Bazaar: Stock market declines after record boom, Sensex 1282 and Nifty 346 points dropped
Rupee opened at 85.59 per dollar in interbank foreign currency exchange market And then fell at 85.71 per dollar. He then fell at 85.63 against the dollar, which shows a decline of 23 paise in the previous closed price. The rupee closed at 85.40 against the dollar on Tuesday. Meanwhile, the dollar index, showing the US dollar status against 6 major currencies, rose by 0.30 percent to 99.72. (Language)
Edited by: Ravindra Gupta