Share market update news: On Friday, the local stock market declined and the Sensex dropped 765 points amidst the continuing continuing selling of foreign institutional investors and the US fee concerns. The Nifty also recorded a decline of 233 points. Among the companies in the group of Sensex, shares of Bharti Airtel, Tata Motors, Mahindra & Mahindra, Kotak Mahindra Bank, Axis Bank and Reliance Industries closed down. On Thursday, the Sensex rose 79.27 points to 80,623.26 points and the Nifty rose by 21.95 to 24,596.15 points.
The BSE’s 30 -share standard index Sensex fell 765.47 points, or 0.95 percent, to close at 79,857.79 points. At one time during trading, it fell 847.42 points to 79,775.84 points. The 50 -share index Nifty of the National Stock Exchange (NSE) also fell at 232.85 points, or 0.95 percent, to close at 24,363.30 points.
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Among the companies in the group of Sensex, shares of Bharti Airtel, Tata Motors, Mahindra & Mahindra, Kotak Mahindra Bank, Axis Bank and Reliance Industries closed down. However, the shares of NTPC, Titan, Trent, ITC and Bajaj Finserv were rapid.
According to data from the stock market, foreign institutional investors (FIIs) on Thursday sold shares worth Rs 4,997.19 crore. However, domestic institutional investors (DIIs) bought shares worth Rs 10,864.04 crore.
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The initial 25 percent duty declared by the US on Indian imports came into force from Thursday. At the same time, 25 percent fees levied on purchasing Russian oil are going to be implemented from August 27. In other markets in Asia, Japan’s Nikki index closed in a positive range, while South Korea’s Cappey, China’s Shanghai Composite and Hong Kong’s hangs closed with a decline.
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In the major markets of Europe, the afternoon was in the afternoon business. The US markets were closed with a mixed trend on Thursday. Global oil standard brent crude rose 0.59 percent to $ 66.82 per barrel. On Thursday, the Sensex rose 79.27 points to 80,623.26 points and the Nifty rose by 21.95 to 24,596.15 points. (Language)
Edited by: Chetan Gour
