Share market update news: The ongoing rise in the local stock market from the last 4 trading sessions came to a halt on Monday and the BSE Sensex fell 452 points. The Nifty also closed at 25,517.05 points, declining 120.75 points, or 0.47 percent. After the recent rise, the profit -booking in bank stocks was mainly in the market loss. The companies involved in the Sensex were Axis Bank, Kotak Mahindra Bank, Maruti, UltraTech Cement, Bajaj Finance, ICICI Bank, Reliance Industries, Tata Steel, Bharti Airtel and HDFC Bank.
BSE Sensex, based on thirty stocks, declined during the entire trading and finally fell 452.44 points, or 0.54 percent, closed at 83,606.46 points. At one time it fell 576.77 points during trading. NSE Nifty, based on fifty shares, closed at 25,517.05 points, declining 120.75 points, or 0.47 percent.
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The companies involved in the Sensex were Axis Bank, Kotak Mahindra Bank, Maruti, UltraTech Cement, Bajaj Finance, ICICI Bank, Reliance Industries, Tata Steel, Bharti Airtel and HDFC Bank. On the other hand, profitable shares include Trent, State Bank of India, Bharat Electronics, Titan and Bajaj Finserv. In the last four trading sessions, the Sensex was up 2,162.11 points i.e. 2.64 percent and NSE Nifty was 665.9 points i.e. 2.66 percent.
Jiojit Investment Ltd. The global market perception has been positive due to reduced risk in West Asia and the hopes of trade agreement in the US, “said Vinod Nair. However, after recent boom, the major indices saw profits. Nair said, investors are now eyeing the quarterly results of companies….
Also Read: Share Bazaar caught speed, Sensex rises 700 points, Nifty also gained momentum
Other markets in Asia were in South Korea’s Cappey, Japan’s Nikki-225 and China’s Shanghai Composite was in the lead while Hong Kong’s Hangseng was in loss. European markets closed down with a decline. The US markets on Friday closed with an edge.
According to stock market data, foreign institutional investors (FIIs) on Friday bought shares worth Rs 1,397.02 crore. Global oil standard Brent crude fell 0.15 percent to $ 67.67 per barrel. On Friday, the Sensex was in a profit of 303.03 points, while the Nifty was gaining 88.80 points. (Language)
Edited by: Chetan Gour
