Share Bazaar: Stock market declines after record boom, Sensex 1282 and Nifty 346 points dropped
Share Bazaar News: Local shares (Share Bazaa) The market fell on a major decline on Tuesday, 1 day after a record boom and the BSE Sensex fell 1,282 points. The shares of companies making IT and daily use goods were in the market loss due to profits. Sensex, based on 30 shares, closed at 81,148.22 points, diving of 1,281.68 points, or 1.55 percent. At one time during trading, it was dropped to 1,386.21 points. Sensex shares were in 25 benefits while 5 were in loss. The NIFTY of the National Stock Exchange also closed at 24,578.35 points, declining 346.35 points, or 1.39 percent.ALSO READ: Stock market drastically declines, loss in these shares from Infosys to Nestle?
Shares of these major companies fluctuated: Infosys fell by 3.54 percent in Sensex companies. Apart from this, Power Grid, Eternal, HCL Tech, Tata Consultancy Services, Bharti Airtel, IndusInd Bank, NTPC and HDFC Bank were prominently damaged. On the other hand, the shares in profit include Sun Pharma, Adani Ports, Bajaj Finance, State Bank of India.
Decreased stress accelerated: Railwayor Broking Ltd. Senior Vice President of Ajit Mishra said that profits were all -round. IT, daily use goods manufacturing companies (FMCG) and vehicle shares were prominently damaged. Jiojit Investments Ltd. Research head Vinod Nair said that after Monday’s boom, profits were seen in the domestic market on Tuesday. It seems that the increase in global and domestic risks, including trade war and a decrease in tension between India and Pakistan, has now stopped a bit.Also Read: Share Bazaar: The stock market closed with a slight increase, Sensex 70 and NIFTY 7 points up by taking alert stance of investors
In Asian and American markets: Other markets in Asia led to South Korea’s Kospie, Nikki of Japan and China’s Shanghai Composite in Hong Kong’s Hong Kong declined. Most of the afternoon trading in the major markets of Europe had a boom. The US markets rose on Monday after trade tension between China and the US decreased.
Global Oil Standard Brent crude (Brent Crude) The 0.32 percent rose to $ 65.17 per barrel. According to stock market data Foreign institutional investors (FII) Had bought shares worth Rs 1,246.48 crore on Monday. The BSE Sensex jumped 2,975.43 points on Monday to close at 82,429.90 points of more than 7 months. NSE Nifty also gained 916.70 points to 24,924.70 points. (Language)
Edited by: Ravindra Gupta