Share Market Update: Local stock markets fell on Monday and BSE Sensex fell by about 451 points. During trading, at one time it had fallen by 621.94 points. Nifty also closed at 23,644.90 points with a decline of 168.50 points or 0.71 percent. The market came down due to capital withdrawal by foreign institutional investors, weak trend in global markets and selling in shares of major companies.
In volatile trading, the 30-share BSE Sensex closed at 78,248.13 points, down 450.94 points or 0.57 percent. During trading, at one time it had fallen by 621.94 points. National Stock Exchange’s Nifty also closed at 23,644.90 with a decline of 168.50 points or 0.71 percent.
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Among the 30 Sensex companies, Tata Motors, Titan, Tata Steel, State Bank of India, Mahindra & Mahindra, NTPC, ICICI Bank, Maruti, HDFC Bank and Infosys were major losers. On the other hand, gainers include Zomato, Tech Mahindra, HCL Tech and IndusInd Bank.
According to stock market data, foreign institutional investors sold shares worth Rs 1,323.29 crore on Friday. In other markets of Asia, South Korea’s Kospi, Japan’s Nikkei and Hong Kong’s Hang Seng were in loss while China’s Shanghai Composite was in gain.
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There was a declining trend in the major markets of Europe in afternoon trading. US markets were in loss on Friday. Global oil benchmark Brent crude fell 0.05 per cent to $74.13 per barrel. On Friday, BSE Sensex was up by 226.59 points and NSE Nifty was up by 63.20 points. (Language)
Edited By : Chetan Gour
