Share Bazaar News: The local stock market declined for the second consecutive day on Thursday and the BSE Sensex broke 170 points. There was a boom in the market during trading but in the last hour, the market closed down due to selling in financial companies and metal stocks. The BSE Sensex based on 30 shares fell 170.22 points, or 0.20 percent, closed at 83,239.47 points. At one time it climbed 440.4 points during trading. The NSE NIFTY, a 50 -stock -based NSE NIFTY, also fell 48.10 points, or 0.19 percent, closed at 25,405.30 points.
Shares of these major companies fluctuate: The companies included in the Sensex were in the loss of Kotak Mahindra Bank, Bajaj Finserv, Bajaj Finance, Adani Ports, Trent, State Bank of India, Titan and Tata Consultancy Services. On the other hand, the shares in profit include Maruti, Infosys, NTPC, Asian Paints, Internal (East Jomato) and Hindustan Unilever.Also Read: Share Bazaar: India America tied up with trade agreement, early trade in stock markets gains
Railwayor Broking Ltd. Senior Vice President (Research) Ajit Mishra Said that the market fluctuates in the futures and options segment on the weekly end of the deals and it closed with a slight decline. He said that if seen area-wise, the attitude remained mixed. Vehicles and medicines recorded an increase while metal and realty remained the most damage.
In Asian and American markets: Among the Asian markets, South Korea’s Cappey, Nikki of Japan and China’s Shanghai composite were in profit while Hong Kong’s Hangseng lost. Major markets of Europe had a mixed trend in the afternoon trading. Most of the US markets were in profit on Wednesday.Also Read: Share Bazaar: Stock market gains due to buying in Reliance and HDFC Bank, Sensex 91 and NIFTY 25 points
According to a monthly survey released on Thursday, Indian service sector growth rate Has reached the highest level of 10 months in June. The strong detail in international sales and employment generation has increased in the service sector amid positive demand and continuing improvement in sales. The seasonally adjusted HSBC India Services PMI Business Activities Index increased from 58.8 in May to 60.4 in June. The reason for this is a sharp jump in the new business order. The purchasing manager indicates expansion of above 50 points in the language of the index (PMI) while the point below 50 points to contraction.Also Read: Share Bazaar: Stock market boom due to leading companies, Sensex and NIFTY have increased in early trade
Brent Crude at $ 68.40 per barrel and FII was sold on Wednesday: Global oil standard Brent crude fell 1.03 percent to $ 68.40 per barrel. According to the stock market data, foreign institutional investors (FIIs) sold shares worth Rs 1,561.62 crore on Wednesday. The BSE Sensex was broken by 287.60 points on Wednesday while NSE Nifty fell by 88.40 points. (Language)
Edited by: Ravindra Gupta
