Share Bazaar declined for the third consecutive day, Sensex 636 points broken, Nifty also slipped
Mumbai share bazaar: The local stock market declined in the third consecutive trading session on Tuesday and the BSE Sensex broke 636 points. The market came down due to all -round buying amidst the withdrawal of capital withdrawal and uncertainty of foreign institutional investors. The 30 -share BSE Sensex closed at 80,737.51 points, declining 636.24 points, or 0.78 per cent, at 80,737.51 points. At one time it came down to 798.66 points during trading. The NSE Nifty of the National Stock Exchange closed at 24,542.50 points with a decline of 174.10 points, or 0.70 percent.Also Read: Share Market Today: After becoming India’s fourth largest economy
Shares of these major companies fluctuate: Among the companies included in the Sensex, Adani Ports fell by 2.42 percent. Apart from this, Bajaj Finserv, Bajaj Finance, Power Grid, Eyonel (East Jomato), IndusInd Bank, Maruti, Tata Consultancy Services and UltraTech Cement remained the biggest decline. Only Mahindra & Mahindra remained in profit. 10 listed companies of Adani Group declined.ALSO READ: BAT sold 2.5 percent stake in ITC, deal for 12,927 crores, what happened to shares?
Foreign institutional investors (FII) sold shares worth Rs 2,589.47 crore on Monday: According to the stock market data, foreign institutional investors (FIIs) sold shares worth Rs 2,589.47 crore on Monday. Railwayor Broking Ltd. Senior Vice President (Research) Ajit Mishra said that weak global cues such as frequent capital withdrawal of foreign funds, as well as uncertainty on global stress and trade agreements, are increasing the pressure on markets.Also Read: Share Market Today: Sensex 625 points broken due to profit booking in banks and IT shares, NIFTY also dropped by 175 points
In Asian and American markets: China’s Shanghai Composite and Hong Kong’s Hangseng lead in Asian markets, while Japan’s Nikki was in disadvantage. South Korean market remained closed due to holiday. There was a decline in the afternoon trading in European markets. The US markets closed with an edge on Monday. Global oil benchmark Brent crude rose 0.28 percent to $ 64.81 per barrel. The BSE Sensex was at a loss of 77.26 points on Monday while NSE Nifty fell by 34.10 points. (Language)
Edited by: Ravindra Gupta
