Stock market shaken due to global tension over Greenland, Sensex fell by 1066 points, Nifty weakened by 353 points.
Mumbai, 20 January. The global tension arising between the American threat of occupation of Greenland and the ongoing standoff with NATO over it has had a deep impact on the stock markets around the world and the Indian stock market has also not remained untouched by this. In this sequence, a huge fall was recorded in the domestic stock market on Tuesday due to heavy selling in major companies.
While BSE Sensex fell by 1,066 points and slipped below 82,200, NSE Nifty fell by 353 points to below 26,250. This was the second consecutive day of decline in domestic markets. On Monday, the first day of the trading week, the Sensex had weakened by 324.17 points while the Nifty had fallen by 108.85 points.
Sensex 1.28% fell and closed at 82,180.47 points
Bombay Stock Exchange (BSE)’s benchmark index Sensex based on 30 shares closed at 82,180.47 points, down 1,065.71 points or 1.28 percent. At one time during trading, it had slipped 1,235.6 points to 82,010.58 points. Among Sensex related companies, shares of only six gained strength and 24 registered weakness.
Nifty fell 1.38 percent and closed at 25,232.50 points.
On the other hand, Nifty, the standard index based on 50 shares of National Stock Exchange (NSE), fell by 353 points or 1.38 percent and closed at 25,232.50 points. At one point during trading, the index had slipped by 414.15 points to 25,171.35. Among Nifty related companies, shares of eight rose while 42 showed a decline.
Maximum decline of 4.02 percent in Eternal
Among the companies included in the Sensex group, Eternal recorded the biggest decline of 4.02 percent. After this, Bajaj Finance shares also fell by 3.88 percent. Shares of Sun Pharma, InterGlobe Aviation (ie Indigo), Trent, Asian Paints, Mahindra & Mahindra and Bajaj Finserv also remained in the red. In contrast, HDFC Bank was the only Sensex stock to close with gains.
FIIs sold shares worth Rs 3,262.82 crore
According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 3,262.82 crore on Monday while domestic institutional investors (DIIs) bought shares worth Rs 4,234.30 crore. International oil benchmark Brent crude was up 0.09 per cent at US $ 63.91 per barrel.
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