Share Bazaar: Sensex and NIFTY declined in early trade due to continuous withdrawal of foreign capital

Share Bazaar News: The continuous withdrawal of foreign capital led to a decline in early trade in Sensex and Nifty on Friday. The weakness trend in Asian Markets also affected the notion of investors. BSE Sensex declined 407.45 points to 81,776.72 points in early trade while NSE Nifty slipped 144.3 points to 24,917.80 points.Also Read: Share Bazaar: Stock market declines due to withdrawal of foreign capital, Sensex 131 and Nifty 23 points slipped

Shares of these major companies fluctuate: Bajaj Finance shares fell by about 6 percent of the 30 companies involved in the Sensex. Bajaj Finserv’s stock dropped more than 4 percent. Shares of Tata Steel, Hindustan Unilever, Mahindra & Mahindra, UltraTech Cement, Power Grid and Maruti were also in disadvantage, while the share of the Internal (East Zomato), ICICI Bank, HCL Tech and State Bank of India were in share benefits.

In Asian and American markets: Among the Asian markets, Japan’s Nikki 225, China’s Shanghai SSE Composite and Hong Kong’s Hangseng were in disadvantage and South Korea’s coast was in profit. The American markets were closed with mixed trend on Thursday.ALSO READ: Selling in the stock market, Nifty below 25,000, why deteriorating market moves?

Brent Crude at $ 69.45 per barrel and FII is selling on Thursday: International standard Brent crude gained 0.39 percent to $ 69.45 per barrel. According to the stock market data, foreign institutional investors (FIIs) were selling on Thursday and purely sold shares worth Rs 2,133.69 crore. Domestic institutional investors (DIIs) bought shares worth Rs 2,617.14 crore.

Edited by: Ravindra Gupta