Business Desk – Share Market Update: Sensex is trading at 78,500 on April 22, in which a decline of 700 points (0.95%) has been recorded. Nifty has also fallen below the level of 24,400 with a fall of 200 points (0.79%). In today’s trading session, maximum selling pressure is being seen on IT shares.
Asian markets fall
A mixed trend was seen in Asian markets. KOSPI (South Korea) closed at 6,377, a decline of 11 points (-0.07%). Hang Seng (Hong Kong) closed at 26,137, a decline of 350 points (-1.32%). In contrast, Nikkei (Japan) closed at 59,569, registering a gain of 211 points (0.35%).
American markets fell on April 21
On April 21, a decline was seen in the American markets. The Dow Jones closed at 49,149, down 293 points. The Nasdaq closed at 24,260, down 144 points. The S&P 500 closed at 7,064, down 45 points.
Selling by foreign investors continues
Foreign institutional investors (FIIs) withdrew capital from the market for the second consecutive day on Tuesday and sold shares worth about Rs 1,919 crore. Earlier, on Monday also he had sold Rs 1,060 crore. This latest round of selling has wiped out the gains accumulated in three days last week, during which they had made net purchases of Rs 1,731 crore in the market.
Sensex closed with a gain of 1,264 points on Tuesday
There was a rise in the stock market on 21st April. Sensex rose 753 points (0.96%) and closed at 79,273. Nifty also increased by 212 points (0.87%) to reach 24,577. During the trading session, buying was seen in Nifty FMCG and realty stocks, while maximum selling was seen in the pharma sector.
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