Share Market Update: Sensex fell by 400 points, Nifty also fell by 100 points, know in which sector there is selling?

Business Desk – Share Market Update: Today on May 12, a decline is being seen in the stock market. Sensex is trading at 77,600 level, falling 400 points. Nifty is also trading at 23,700 level, falling 100 points. Mixed business was seen in Asian markets on Tuesday.

South Korea’s KOSPI index fell 119 points or 1.52% and was seen trading at the level of 7,725. In contrast, Japan’s Nikkei rose 388 points or 0.62% to 62,805. Hong Kong’s Hang Seng index was also trading at 26,489, up 82 points or 0.29%.

Meanwhile, gains were seen in American markets on Monday. The Dow Jones closed at 49,704, up 95 points or 0.19%. The Nasdaq index rose 27 points, or 0.10%, to 26,274. The S&P 500 index rose 14 points, or 0.19%, to close at 7,413.

Selling by foreign investors (FIIs/FPIs) continues. According to the data, FIIs have made a net sale of Rs 18,724 crore in the last seven trading days, while in the last 30 days this figure has reached Rs 50,673 crore.

In contrast, domestic institutional investors (DIIs) have supported the market. They have made net purchases of Rs 19,966 crore in the last seven days and Rs 42,414 crore in the last 30 days. In the last trading session, DIIs bought shares worth Rs 5,940 crore, while FIIs sold shares worth Rs 8,438 crore.

On Monday, the Sensex closed down by 1,313 points. Earlier, on Monday, May 11, a decline was also seen in the stock market. Sensex closed at 76,015 with a fall of 1,313 points. Nifty also fell 360 points and closed at 23,815.