Share Market Update: Sensex fell by 200 points, Nifty fell by 100 points, heavy selling in IT and auto shares.

Business Desk – Share Market Update: There is a decline in the stock market today i.e. on 11th June. Sensex is trading at 73,700 with a fall of 200 points. There is also a decline of about 100 points in Nifty, it is trading at the level of 23,100. There is more decline in IT, auto and banking shares.

Weakness was seen in Asian stock markets on Thursday. South Korea’s Kospi index is trading at 7,616, down 115 points or 1.51%. Japan’s Nikkei fell 940 points or 1.46% to 63,240. At the same time, Hong Kong’s Hang Seng index is trading at 24,168 with a decline of 240 points or 0.93%.

American market also closed in red mark

There was selling pressure in the American stock markets also on Wednesday. Dow Jones fell 953 points or 1.87% and closed at 49,919. Nasdaq recorded a decline of 509 points or 1.98% and closed at 25,170. At the same time, the S&P 500 index fell by 120 points or 1.62% to 7,267.

Foreign investors sold

On June 10, foreign institutional investors (FII/FPI) made a net sale of shares worth Rs 2,125 crore in the Indian stock market. On the other hand, domestic institutional investors (DIIs) made net purchases of Rs 3,124 crore.

7 and 30 day figures are also negative

In the last seven trading days, FIIs/FPIs have made a net sale of Rs 21,023 crore, while in the last 30 days this figure stood at Rs 77,855 crore. On the contrary, DIIs have made net purchases of Rs 23,582 crore in the last seven days and Rs 95,728 crore in the last 30 days, which has provided some support to the market.

There was mixed trading in the market yesterday

Earlier yesterday i.e. on June 10, there was mixed trading in the stock market. The Sensex rose 64 points and closed at 73,983. There was a decline of 27 points in Nifty, it closed at 23,215.