TRUMP TARIFF trembled from the stock market, Sensex 849 points to fall below 81,000 points, NIFTY also declined
Share Bazaar News: After issuing a draft notice on the US (US) Indian products on imposing an additional 25 percent duty, there was an all -round selling in the stock markets and the major share index Sensex fell 849 points to below 81,000 points. Apart from this, the frequent selling and weak global trends of foreign funds also weakened the notion of investors. NSE Nifty also fell at 255.70 points or 1.02 percent to close at 24,712.05.Also Read: Gold: Gold or Stock Market, Who gave the most returns in last years
Stock markets declined: During this period, the 30 -share BSE Sensex fell 849.37 points or 1.04 percent to close at 80,786.54 points. In day trading, the Sensex fell 949.93 points or 1.16 percent to 80,685.98 points. The NSE Nifty fell at 255.70 points or 1.02 percent to close at 24,712.05. It fell 278.15 points or 1.11 percent to 24,689.60 points in day trading.
Shares of these major companies fluctuate: The Sensex shares led to a significant decline in Sun Pharmaceutical, Tata Steel, Trent, Bajaj Finance, Mahindra & Mahindra, Bajaj Finserv, Reliance Industries, Axis Bank, Tech Mahindra, Adani Ports, Titan, BEL and Larsen and Tubrh. On the other hand, the shares of Hindustan Unilever, Maruti Suzuki India, ITC, Tata Consultancy Services and UltraTech Cement closed up.ALSO READ: Trump Tariff intimidates investors, the stock market at a 3 -month low, how will the next week be?
In Asian and American markets: The US has issued a draft order to implement 25 percent additional fee on Indian products, which was announced by President Donald Trump earlier this month. This additional fee will be applicable from August 27. Other markets in Asia led to Hong Kong’s Hangseng, Japan’s Nikki, South Korea’s Cospie and China’s Shanghai Composite. European markets were in loss in the afternoon trading. The US markets closed down on Monday.ALSO READ: Reliance deposited 2.10 lakh crores in government treasury, 5 times the shareholders
Brent Crude at $ 67.78 per barrel and FII is selling on Monday: Global oil standard Brent crude fell 1.48 percent to $ 67.78 per barrel. According to stock market data, foreign institutional investors sold shares worth Rs 2,466.24 crore on Monday. (Language)
Edited by: Ravindra Gupta
