Stock Market: Jam in the market! Sensex and Nifty fell sharply after continuous uptrend
Stock Market: Amid a mixed trend in global markets, the domestic equity markets continued to gain momentum from the last four trading sessions on Wednesday and the Sensex fell 140 points. Despite a positive start, the 30-share BSE Sensex failed to maintain the gains and later fell 140.5 points to 60,980.85. Similarly, the Nifty of the National Stock Exchange also fell 36 points to 18,109.40.
loss to these companies
In the Sensex shares, Bharti Airtel, Titan, Maruti, Infosys, Nestle, Tata Consultancy Services, Asian Paints and Mahindra & Mahindra were the main losers. On the other hand, Sun Pharma, Tech Mahindra, Tata Steel and UltraTech Cement gained in the shares. In other Asian markets, South Korea’s Kospi, China’s Shanghai Composite and Hong Kong’s Hang Seng were trading in gains while Japan’s Nikkei was down. At the same time, the US stock market Wall Street closed with a fall on Tuesday. Meanwhile, international oil benchmark Brent crude rose 1.26 per cent to $95.84 a barrel. 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.
Here is the condition of Rs.
The rupee slipped 12 paise to 82.71 per dealer against the US currency in early trade on Wednesday amid a negative trend in the domestic equity market. Forex traders said that the rupee opened without any movement ahead of the monetary policy decision of the US central bank Federal Reserve. The rupee opened at 82.64 against the dollar at the interbank foreign exchange market and then fell to 82.71, showing a decline of 12 against the previous closing price. The rupee had closed at 82.62 against the US currency on Tuesday. Meanwhile, the dollar index, reflecting the US dollar’s position against the six major currencies, fell 0.23 per cent to 111.22. At the same time, the global oil index Brent crude futures were up 1.27 percent at $ 95.85 per barrel. Foreign institutional investors (FIIs) bought shares worth a net Rs 2,609.94 crore on Tuesday, according to provisional stock market data.
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