Share Market Update: Share market turned red as soon as the market opened, Sensex slipped 182 points, Nifty was trading at 25813…

Share Market Update: The stock market started with a decline on the second trading day of the week. As soon as the market opened, the Sensex slipped 182 points, while the Nifty fell by 47 points and was seen trading around 25,813. There was caution among investors in the initial session, due to which there was pressure on banking and financial stocks.

Global market boom

In Asian markets, South Korea’s KOSPI rose 0.81% to 4,031 and Japan’s Nikkei index rose 0.19% to 49,477.

Hong Kong’s Hang Seng index is up 0.22% at 25,291 and China’s Shanghai Composite is up 0.17% at 3,831.

On December 16, the US Dow Jones fell 0.62% to 48,114. The Nasdaq Composite closed 0.23% higher and the S&P 500 closed 0.24% lower.

FIIs sold shares worth ₹2,060 crore on December 16

On December 16, FIIs sold shares worth ₹2,060 crore. On the other hand, DIIs bought shares worth ₹770 crore.

As of December 16, FIIs have sold shares worth a total of ₹23,455 crore in December. During this period, DIIs supporting the market have bought shares worth ₹42,839 crore.

In November, FIIs sold shares worth a total of ₹17,500.31 crore, while DIIs bought shares worth ₹77,083.78 crore. This means that the market is getting support from domestic investors.

the market fell yesterday

Yesterday, on December 17, a decline was seen in the stock market. Sensex fell 534 points and closed at 84,680. Nifty also fell by 167 points and closed at the level of 25,860.