Share Bazaar declined in early trade, Sensex 183 and Nifty 46 points slip, rupee gained 6 paise
Share Bazaar News: Domestic markets Sensex and NIFTY recorded a decline in early trade on Monday. This was the main reason for the recovery of profit in the shares of banks. BSE Sensex fell 182.77 points to 83,876.13 points in early trade and NSE Nifty slipped 46.25 points to 25,591.55 points. On the other hand, Rupee has become 6 paise strong.
Shares of these major companies fluctuate: Among the 30 companies included in the Sensex, Mahindra & Mahindra, Bharti Airtel, NTPC, HDFC Bank, Kotak Mahindra Bank and Axis Bank were in loss. However, the share of Larsen and Tubris, Trent, State Bank of India and the Internal (Jomato) remained in profit.Also Read: Share Bazaar: Stock market boom due to leading companies, Sensex and NIFTY have increased in early trade
In Asian and American markets: Among the Asian markets, Japan’s Nikki 225, China’s Shanghai SSE Composite and South Korea’s Cappey were in profit while Hong Kong’s Hangseng was in disadvantage. The US markets closed with a positive attitude on Friday.
Brent Crude at $ 67.61 per barrel and FII is selling on Friday: International standard Brent crude fell by 0.24 percent to $ 67.61 per barrel. According to the stock market data, foreign institutional investors (FIIs) were living on Friday and purely bought shares worth Rs 1,397.02 crore.
Rupee strengthened 6 paise in early trade: The rupee strengthened by 6 paise to 85.44 per dollar on Monday, amidst the weak trend of US dollar and softening of crude oil prices. The rupee opened at 85.48 against the dollar, the rupee in the Interbank Forex Exchange Market. In early trade, it reached 85.44 per dollar, showing a gain of 6 paise in the previous closed price. The rupee closed at 22 85.50 against the US dollar on Friday. Meanwhile, the dollar index, depicting the US dollar status against 6 major currencies, fell 0.15 percent to 97.25.ALSO READ: Clouds of uncertainty, stock market at the top level of 9 months, what is the plan of investors?
In domestic stock markets, the Sensex fell by 249.03 points to 83,809.87 points in early trade, while the Nifty slipped 66.90 points to 25,570.90 points. International standard Brent crude fell by 0.18 percent to $ 67.65 per barrel. According to stock market data, foreign institutional investors (FIIs) were living on Friday and they bought shares worth Rs 1,397.02 crore. (Language)
Edited by: Ravindra Gupta