Slight decline in stock market amid ups and downs, Sensex slipped 114 points, Nifty almost flat.

Mumbai, 7 May. As a result of the global uncertainty arising from the ongoing instability in West Asia due to the stubborn stance of Iran and America, the Indian stock market recorded a slight decline on Thursday amid fluctuations. Due to cautious attitude of investors, BSE Sensex slipped 114 points while NSE Nifty remained almost flat.

Sensex closed at 77,844.52 points

Bombay Stock Exchange (BSE)’s 30-share sensitive index Sensex, after witnessing continuous fluctuations during trading, finally closed at 77,844.52 points, down 114 points or 0.15 per cent. At one point during trading, the index rose to a high of 78,384.70 points and fell to a low of 77,713.21 points. That means a total fluctuation of 671.49 points was seen in Sensex. Among Sensex related companies, 11 stocks were in profit while 19 were in decline.

Nifty fell 4.30 points and closed at 24,326.65.

On the other hand, the National Stock Exchange (NSE)’s standard index Nifty based on 50 shares closed at 24,326.65 points with a slight loss of 4.30 points or 0.02 percent. Among Nifty related companies, shares of 22 remained in the green mark while 28 showed weakness.

Hindustan Unilever shares fell the most by 1.95 percent

Among the companies included in the Sensex group, Hindustan Unilever’s shares fell the most by 1.95 percent. Tata Consultancy Services, Tech Mahindra, Titan, Sun Pharma and ITC were also major losers. Whereas shares of Mahindra & Mahindra, NTPC, Kotak Mahindra Bank and Tata Steel were in profit.

FIIs made net sale of shares worth Rs 5,834.90 crore

According to stock market data, foreign institutional investors (FIIs) made a net sale of shares worth Rs 5,834.90 crore on Wednesday. Meanwhile, global oil standard Brent crude stood at $99 per barrel with a loss of 2.23 percent.