Mumbai, 8th June. Amidst the ongoing tension in West Asia, the domestic stock market witnessed a major decline on the very first day of the trading week due to the softening of the global stock markets and the resurgent rise in crude oil prices. In this sequence, both the benchmark indices saw losses for the second consecutive session. While BSE Sensex fell by 719 points, NSE Nifty fell by 244 points.
Sensex 0.97 percentage breakdown 73,524.26 closed on points
The 30-share sensitive index Sensex of Bombay Stock Exchange (BSE) closed at 73,524.26 points, falling 719.08 points or 0.97 percent. During trading, it had fallen to 924.4 points. Among Sensex related companies, 23 stocks remained in the red while seven showed profit.
nifty 1.04 by percentage decline 23,123 closed on points
On the other hand, the National Stock Exchange (NSE) standard index Nifty based on 50 shares closed at 23,123 points with a decline of 243.70 points or 1.04 percent. The index had fallen to 296.55 points during trading. Among Nifty related companies, 10 shares were in profit while 40 were in decline.
Investors lost Rs 6.31 lakh crore
Investors suffered a loss of Rs 6.31 lakh crore in a single session due to all-round buying. In fact, with the fall in the stock market, the market capitalization of BSE listed companies decreased by Rs 6,31,440.41 crore to Rs 4,55,28,758.96 ($4,760 billion).
Eternal’s stocks fell the most by 3.24 percent
Among the companies included in the Sensex group, Eternal’s stock fell the most by 3.24 percent. Major declines were also seen in Mahindra & Mahindra, Trent, InterGlobe Aviation, Reliance Industries and Tata Consultancy Services. The profitable stocks include Power Grid, Tech Mahindra, Bharat Electronics and Bharti Airtel.
FII has 8,776.25 Sold shares worth crores of rupees
According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 8,776.25 crore on Friday. On the other hand, global oil standard Brent crude rose 4.10 percent to $ 96.91 per barrel.
Comments are closed.