Share Bazaar News: The Sensex and Nifty declined early trade on Thursday amid weak trends in Asian markets. BSE Sensex declined 106.78 points to 81,223.78 points in early trade while NSE Nifty slipped 38.45 points to 24,628.45 points. After the initial deals, the BSE Sensex fell by 247.22 points to 81,082.80 points and the Nifty slipped 67.15 points to trade at 24,599.75 points.
Shares of these major companies fluctuate: The shares of Power Grid, IndusInd Bank, Axis Bank, Sun Pharma, Infosys, Mahindra & Mahindra, Kotak Mahindra Bank and HDFC Bank were the biggest decline among the 30 companies included in the Sensex. The stocks of Tata Motors, Adani Ports, Tata Steel, Tech Mahindra and UltraTech Cement increased.Also Read: Share Bazaar: Sensex 281 and Nifty 97 points up due to inflation reaching the lower level
In Asian and American markets: Among the Asian markets, South Korea’s Cappey, Shanghai SSE Composite, Hong Kong’s Hangseng and Japan’s Nikki were 225 losses. The American markets were closed with mixed trend on Wednesday. International standard Brent crude fell by 2.10 percent to $ 64.70 per barrel. According to the stock market data, foreign institutional investors (FIIs) were living on Wednesday and purely bought shares worth Rs 931.80 crore.
Rupee lost 32 paise to 85.64 per dollar in early trade: The rupee fell 32 paise in early trade on Thursday to 85.64 against the US dollar amid negative trend in domestic stock markets. Forex traders reported that although the weak trend of American currency and softening in crude oil prices limited the decline of local currency.Also Read: Share Bazaar: Stock market declines after record boom, Sensex 1282 and Nifty 346 points dropped
The rupee opened at 85.53 per dollar in the Interbank Forex Exchange Market. Then came at 85.64 against the dollar, which shows a decline of 32 paise in the previous closed price. The rupee closed at 85.32 against the US dollar on Wednesday. Meanwhile, the dollar index, depicting the US dollar status against 6 major currencies, fell 0.23 percent to 100.81.
The BSE Sensex fell 230.76 points to 81,099.80 points in the domestic stock market, while the Nifty slipped 54.95 points to 24,611.95 points. Brent Crude fell by 1.92 percent to $ 64.82 per barrel. According to the stock market data, foreign institutional investors (FIIs) were living on Wednesday and purely bought shares worth Rs 931.80 crore. (Language)
Edited by: Ravindra Gupta
