Share Bazaar: Market fluctuations due to cautious stance of investors, Sensex 368 and Nifty 98 points slipped
Share Bazaar News: Local stock markets declined on Tuesday due to the vigilant stance of investors and selling in shares of banks before inflation figures. The Sensex broke 368 points while the Nifty lost 98 points. The BSE’s 30-share standard index Sensex fell 368.49 points, or 0.46 percent, closed at 80,235.59 points in extremely ups and downs. On the other hand, NSE Nifty has also slipped around 98 points.
Flowing was seen during business: During the trading, the Sensex saw a fluctuations of 833.31 points and went up to the upper level of 80,997.67 and a low of 80,164.36. The National Stock Exchange (NSE) standard index Nifty also fell at 97.65 points, or 0.40 percent to close at 24,487.40 points. Analysts said that vigilant investors are also waiting for the signs coming from the US-Russia talks to be held on August 15.Also Read: Selling spoils, the stock market at one month’s low, what will happen in August?
Shares of these major companies fluctuate: Among the companies included in the Sensex, shares of Bajaj Finance, Trent, Hindustan Unilever, HDFC Bank, Internal, Bajaj Finserv, ICICI Bank and Bharat Electronics closed down. However, Maruti, Tech Mahindra, Mahindra & Mahindra and NTPC saw a boom.
In Asian and American markets: Other markets in Asia closed with South Korea’s cospy fall while Japan’s Nikki index, China’s Shanghai Composite and Hong Kong’s hangs closed in positive scope. A mixed trend of trading was seen in European markets. The US markets closed down on Monday.Also Read: Share Bazaar: Stock market declines due to withdrawal of foreign capital, Sensex 131 and Nifty 23 points slipped
Brent Crude at $ 66.75 per barrel and FII is selling on Monday: Global oil standard brent crude rose 0.18 percent to $ 66.75 per barrel. According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 1,202.65 crore on Monday. On Monday, the Sensex rose by 746.29 points to 80,604.08 points and the Nifty was 221.75 points to close at 24,585.05 points. (Language)
Edited by: Ravindra Gupta
