Share Market Update: Today on 18th December, there were ups and downs in the stock market. Earlier Nifty was seen trading at around 84,300 level, in which a fall of up to 200 points was recorded. At the same time, Sensex also weakened by more than 50 points and was seen trading at around 25,800 level.
Now, Sensex is trading at 84,650.45 with a gain of +90.80 (0.11%), and Nifty is trading at 25,845.75 with a gain of +27.20 (0.11%).
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Global market decline
In Asian markets, South Korea’s KOSPI fell 1.90 percent to 3,979 and Japan’s Nikkei fell 1.29 percent to 48,874.
Hong Kong’s Hang Seng fell 0.37 percent to close at 25,374, while China’s Shanghai Composite rose 0.16 percent to close at 3,876.
On December 17, Dow Jones fell 0.47 percent to close at 47,885 in the American markets. Whereas Nasdaq closed with a gain of 1.81 percent and S&P 500 closed with a gain of 1.16 percent.
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Condition of FIIs and DIIs
On December 17, foreign institutional investors (FIIs) bought shares worth about Rs 2,060 crore. On the same day, the stake of FIIs stood at Rs 1,172 crore, while the stake of domestic institutional investors (DIIs) stood at Rs 769 crore.
Till December 17, FIIs have sold shares worth a total of Rs 22,284 crore. Meanwhile, DIIs supporting the market have bought shares worth Rs 43,609 crore during this period.
In the month of November, FIIs made a net investment of Rs 17,500.31 crore. Whereas DIIs bought shares worth Rs 77,083.78 crore. It is clear from this that the market is getting strong support from domestic investors.
There was a decline in the market yesterday also
Earlier on December 17 also a decline was seen in the stock market. Nifty fell 120 points and closed at 84,560. Whereas Sensex fell by 42 points and closed at the level of 25,819.
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