Mumbai14 January. The domestic stock market declined for the second consecutive day amid increased global tensions due to US President Donald Trump’s announcement of tariff increase during the violent movement against the Khamenei government in Iran and the continuous deaths of protesters in response to it. In this sequence, both the benchmark indices closed in the red due to selling in IT and select bank shares. While BSE Sensex weakened by 245 points, NSE Nifty fell by 66 points and went below 25,700.
Sensex 83,382.71 closed on points
The 30-share sensitive index Sensex of Bombay Stock Exchange (BSE) closed at 83,382.71 points, falling 244.98 points or 0.29 percent. During trading, it slipped 442.49 points or 0.52 percent to 83,185.20 points. Among Sensex related companies, shares of 12 gained strength while 18 declined.
nifty 66.70 due to weak points 25,665.60 off on
On the other hand, Nifty, the standard index based on 50 shares of National Stock Exchange (NSE), slipped by 66.70 points or 0.26 percent and closed at 25,665.60 points. During trading, the index had slipped by 128.35 points to 25,603.95. Among Nifty related companies, shares of 22 remained in the green and 28 showed weakness.
Asian Paints stocks fell the most by 2.39 percent
Among the companies included in the Sensex group, Asian Paints’ stock fell the most by 2.39 percent. Shares of Tata Consultancy Services (TCS), Maruti, Sun Pharma, Hindustan Unilever, ICICI Bank, Kotak Mahindra Bank, Tech Mahindra, HDFC Bank and Larsen & Toubro were also major losers. On the other hand, shares of Tata Steel, NTPC, Axis Bank and UltraTech Cement were major gainers.
FII net 1,499.81 Sold shares worth crores of rupees
According to stock market data, foreign institutional investors (FIIs) were sellers on Tuesday and sold shares worth a net Rs 1,499.81 crore. Whereas domestic institutional investors (DIIs) bought shares worth Rs 1,181.78 crore. The price of international standard Brent crude fell by 0.99 percent to $ 64.82 per barrel.
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