Five-day fast record broken in stock market, Sensex breaks 215 points Nifty below 18100
The bull run in the Indian stock market for the last 4 days finally broke down. Sensex and Nifty closed today with a mixed trend in foreign markets. Today, the Sensex closed down 215.26 points after being on the red mark in the day’s trading.
Despite a positive start, the 30-share BSE Sensex failed to maintain the gains and ended at 60,906.09, down 215.26 points or 0.35 per cent. On the other hand, the Nifty of the National Stock Exchange also fell 62.55 points or 0.34 percent to 18,082.85.
Here are today’s top gainers and losers
In the Sensex shares, Bharti Airtel, Maruti, Hindustan Unilever, Infosys, HCL Technologies, IndusInd Bank and Titan were the main losers. On the other hand, shares of Sun Pharma, ITC, Tech Mahindra, Dr Reddy’s and Reliance Industries registered gains.
Mixed business for Asian markets
In other Asian markets, South Korea’s Kospi, China’s Shanghai Composite and Hong Kong’s Hang Seng ended in gains while Japan’s Nikkei closed lower. Markets in Europe were trading with a mixed trend. At the same time, the US market Wall Street closed with a fall on Tuesday.
Foreign investors continue to buy
According to stock market data, foreign institutional investors remain net buyers in the capital market. He bought shares worth Rs 2,609.94 crore on Tuesday. Meanwhile, international oil benchmark Brent crude rose 0.17 per cent to $94.81 a barrel.
Rupee closed at 82.78 per dollar
The rupee on Wednesday depreciated 19 paise to 82.78 (provisional) against the US currency at 82.78 (provisional) per dollar at the interbank foreign exchange market on a weak trend in the domestic equity market ahead of the US Federal Reserve’s policy statement. The rupee opened at 82.64 in the interbank foreign exchange market and later touched a high of 82.62 and a low of 82.81. At the end of trading, it closed at 82.78 per dollar, down 19 paise from its previous closing price.
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