Share Market Update: Sensex falls by 50 points, Nifty also down, know which sector is most affected?

Business Desk – Share Market Update: Today i.e. on June 18, Sensex is trading at 77,100 with a fall of 50 points. There is also a decline of 20 points in Nifty, it has come to the level of 24,050. There is more decline in IT and media shares in today’s business.

A mixed trend was seen in Asian stock markets today. South Korea’s Kospi index closed at the level of 8943, registering a gain of 79 points, which shows a rise of 1.01 percent.

Japan’s Nikkei index also remained strong and closed at the level of 71,052 with a gain of 1150 points or 1.65 percent. However, Hong Kong’s Hang Seng index remained under pressure and closed down 1.88 percent with a decline of 468 points at 23844 level, due to which Asian markets witnessed uneven trends.

There was a decline in the American market yesterday

There was pressure in the American stock markets in the last trading session. The Dow Jones index closed at 51,493, down 0.98 percent with a decline of 507 points. Nasdaq Composite also remained weak and recorded a decline of 355 points or 1.34 percent at the level of 26,022. At the same time, the S&P 500 index closed at 7420, which saw a decline of 91 points and a weakness of 1.21 percent.

Foreign investors sold shares worth Rs 1,530 crore in 7 days

There is selling pressure due to the activities of foreign institutional investors (FII/FPI) in the Indian markets. In the last 7 days, foreign investors have sold shares worth a total of Rs 1,530 crore. However, during this period, domestic institutional investors (DIIs) made strong purchases and recorded net purchases of Rs 10,092 crore.

According to the latest data, DII has made purchases of Rs 1,561 crore, while FII/FPI have recorded sales of Rs 102 crore in the latest position. The same trend continued in the data of the last 30 days, where DII made huge purchases of Rs 98,966 crore, while FII/FPI made net sales of Rs 78,542 crore.

These figures clearly indicate that domestic investors are supporting the market, while foreign investors are continuously showing a tendency to book profits or reduce risks.

There was a decline in the market yesterday

Before this, yesterday i.e. on 17th June, the market was on the rise. Sensex closed at 77,156 with a gain of 347 points. Nifty also gained 97 points, it closed at 24,086.