Share Bazaar: Trump Tariff Sahama Bazaar, Sensex 335 points broken, Nifty also dropped 114 points
Share Bazaar News: After leaving 25 percent additional fee on Indian goods of US President Donald Trump on Indian goods, 30 -share BSE Sensex fell 335.71 points to 80,208.28 on Thursday. During this period, NSE NIFTY, a 50 -share NSE NIFTY, fell 114.15 points to 24,460.05.
Shares of these major companies fluctuate: The Sensex companies led to a significant decline in Adani Ports, Tata Motors, Kotak Mahindra Bank, Eternal, Tata Steel and NTPC. Trent, Titan, Sun Pharma and ITC were trading on the other hand.Also Read: Share Bazaar: Sensex 447 and NIFTY 140 points up due to decline of three days
Foreign Institutional Investors (FII) sold shares worth Rs 4,999.10 crore on Wednesday: According to the stock market data, foreign institutional investors (FIIs) sold shares worth Rs 4,999.10 crore on Wednesday. Global oil standard Brent crude rose by 1 percent to $ 67.56 per barrel. On Wednesday, the Sensex fell 166.26 points or 0.21 percent to close at 80,543.99 while the Nifty fell 75.35 points or 0.31 percent to close at 24,574.20.
Rupee rose 5 paise to 87.67 against the dollar: The rupee rose 5 paise to 87.67 per dollar (Dollar) on Thursday, trading within a limited range in early trade after US President Donald Trump imposed an additional 25 percent additional fee on Indian goods. Forex traders said that this aggressive step of Trump would affect selected Indian exports. This additional fee will be applicable in 21 days.Also Read: Selling spoils, the stock market at one month’s low, what will happen in August?
The rupee opened at 87.69 against the US dollar in the Interbank Forex Exchange Market and then reached 87.67, which is 5 paise higher than the previous closed price. The rupee rose 16 paise to close at 87.72 against the US dollar on Wednesday. Meanwhile, the price of Brent crude in futures trading rose 0.99 percent to $ 67.55 per barrel.
The dollar index, depicting the US dollar position against 6 major currencies, rose 0.04 percent to 98.21. According to stock market data, foreign institutional investors (FIIs) on Wednesday sold shares worth Rs 4,999.10 crore. (Language)
Edited by: Ravindra Gupta
