Share Bazaar: Sensex 308 points broken before decision on RBI’s monetary policy, Nifty also remained in loss
Share Bazaar News: The local stock market declined on Tuesday and the BSE Sensex lost 308 points while NSE Nifty fell by 73 points. The market came down by the Reserve Bank of India (RBI) on Wednesday before the announcement of monetary policy review in banks and oil and gas stocks.
BSE Sensex closed down on falling 30 stocks: The BSE Sensex based on 30 -share closed at 80,710.25 points, declining 308.47 points, or 0.38 percent. During the trading, it had declined by 464.32 points at one time. The National Stock Exchange’s Nifty also fell 73.20 points, or 0.30 percent, to close at 24,649.55 points. At one time it fell 132.45 points during trading.Also Read: Share Market: Sensex rises 419 points, Nifty also gains momentum
Shares of these major companies fluctuate: The shares included in the Sensex include Adani Ports, Reliance Industries, Infosys, ICICI Bank, Internal (East Jomato), BEL, HDFC Bank, Power Grid, ITC and ITC and Sun Pharmaceutical. On the other hand, shares in profit include Titan, Maruti, Trent, Bharti Airtel, Bajaj Finance, Tech Mahindra, State Bank of India, L&T, HCL Technologies and NTPC. The BSE Smallcap index connected to small companies came down 0.27 percent, while the midcap of medium companies was at a loss of 0.14 percent.Also Read: Share Bazaar: Sensex and NIFTY have increased in early trade due to strong Asian markets
In Asian and American markets: Other markets in Asia were in South Korea’s Korea, China’s Shanghai Composite, Hong Kong’s Hangseng and Japan’s Nikki were in the lead. The major markets of Europe were in an edge in the afternoon trading. The US markets were accelerated on Monday.Also Read: Share Bazaar: Sensex 447 and NIFTY 140 points up due to decline of three days
Brent Crude at $ 68.06 per barrel and FII is selling on Monday: Global oil standard Brent crude fell 1.02 percent to $ 68.06 per barrel. According to the stock market data, on Monday, foreign institutional investors (FII) sold shares worth Rs 2,566.51 crore while domestic institutional investors bought shares worth Rs 4,386.29 crore. The Sensex rose 418.81 points on Monday while NSE Nifty was in profit of 157.40 points. (Language)
Edited by: Ravindra Gupta