Share Bazaar News: The local stock market declined on Tuesday and the BSE Sensex dives 873 points. HDFC Bank (HDFC Bank), Reliance Industries and ICICI Bank were in market loss due to decline in major shares. The BSE Sensex based on 30 shares closed at 872.98 points, or 1.06 percent, closed at 81,186.44 points. NSE NIFTY also closed at 24,683.90 points with a decline of 261.55 points, or 1.05 percent.
At one time it fell 905.72 points during trading. The National Stock Exchange’s Nifty also fell 261.55 points, or 1.05 percent, to close at 24,683.90 points. Analysts said investors need more clarity on the Indo-US trade agreement. Meanwhile, he opted for profit booking.Also Read: Share Bazaar News: On the first day of the week, the stock market declined in early trade, Sensex 215 and Nifty 54 points broken
Shares of these major companies fluctuate: The companies involved in the Sensex declined by 4.10 percent in the Internal (East Zomato). Apart from this, Maruti, Mahindra & Mahindra, UltraTech Cement, Power Grid, Nestle, Bajaj Finance, Hindustan Unilever and Asian Paints were also prominently damaged. HDFC Bank fell by 1.26 percent and Reliance Industries with a strong stake in the index by 1.13 percent. On the other hand, Tata Steel, Infosys and ITC were in profit.
Geojit Investments Ltd. Research head Vinod Nair said investors opted for profit -booking and a cautious stance with the lack of major positive indicators and the current uncertainty on American fiscal stability. Investors are waiting for more clarity on the Indo-US trade agreement and in the meantime they preferred selling. He said that at present, the evaluation of shares can be seen in the market in the short term and delay in trade agreement.Also Read: Share Bazaar: Sensex 281 and Nifty 97 points up due to inflation reaching the lower level
In Asian and American markets: Other markets in Asia, Japan’s Nikki, China’s Shanghai Composite Index and Hong Kong’s Hangseng were in profit, while South Korea’s Cospie closed with a slight decline. There was a rapid trend in the major markets of Europe. The US markets closed with an edge on Monday.ALSO READ: Stock market drastically declines, loss in these shares from Infosys to Nestle?
Brent Crude at $ 65.47 per barrel and FII is selling on Monday: Global oil standard brant crude fell 0.11 percent to $ 65.47 per barrel. According to the stock market data, foreign institutional investors ((FII) sold shares worth Rs 525.95 crore on Monday. The BSE Sensex was in a loss of 271.17 points on Monday while the Nifty fell by 74.35 points. (Language)
Edited by: Ravindra Gupta
