The domestic stock market closed down on Thursday. The major index BSE Sensex recorded a decline of 542.47 points (0.66%) and closed at 82,184.17. Profit booking in blue-chip shares on the market and the pressure of selling foreign investors clearly saw. According to PTI news, the beginning of the day was positive, but the edge could not be maintained. In day trading, the Sensex fell to 679.42 points, and touched a low of 82,047.22. At the same time, NSE Nifty also saw a decline of 157.80 points (0.63%) and it closed at 25,062.10.
Some stocks also showed strength
Sensex companies among Trent, Tech Mahindra, Bajaj Finserv, Reliance Industries, Infosys, Kotak Mahindra Bank, HCL Technologies and NTPC the most backward. However, shares of Eternal, Tata Motors, Sun Pharma, Tata Steel and Titan gained an increase. Infosys declined by more than 1 percent in the midst of profits after the June quarter income announcement.
Foreign market conditions
A mixed signal received from global markets was observed. Among the Asian markets, South Korea’s KOSPI, Japan’s Nikkei 225, China’s Shanghai Composite, and Hong Kong Hang Seng closed in green mark. In the European market, all major index were seen trading fast in early trade. The US stock markets shut down strong in the US market on Wednesday.
Trading activity of FII and DII
Foreign institutional investors (FIIs) sold ₹ 4,209.11 crore on Wednesday. At the same time, domestic institutional investors (DIIS) purchased ₹ 4,358.52 crore.
Crude oil price surge
Crude oil prices saw a rise in the international market. The price of Brent crude climbed 1.24% to USD 69.36 per barrel.
How was the market in the last session
The market was strengthened on the last session i.e. Wednesday. On Wednesday, the stock market was strengthened. The Sensex closed at 82,726.64 with a gain of 539.83 points. The Nifty also rose by 159 points and closed at 25,219.90.
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