The stock market is open in the red zone on Diwali. BSE opened 136.22 points down at 79,805.96. At the same time, NSE Nifty is trading 33.85 points down at 24,307.00 points. Let us tell you that due to monthly expiry, there may be fluctuations in the market. So trade carefully. Talking about falling stocks, decline is seen in Kotak Bank, Tata Steel, M&M, Nestle, Adani Ports, Tata Motors, Bharti Artal and SBI.
Shares of these companies fell
Tech Mahindra, Tata Consultancy Services, Infosys, HCL Technologies, Titan, Maruti Suzuki and UltraTech Cement were the top losers among the 30 Sensex-listed companies. At the same time, the shares of Larsen & Toubro have increased by more than five percent. The infrastructure major reported a five per cent rise in consolidated net profit at Rs 3,395 crore in the July-September quarter due to higher revenue. Shares of Sun Pharma, Axis Bank, Tata Steel and State Bank of India also rose.
Foreign investors sold heavily
According to the information, foreign institutional investors made net selling in the capital market on Wednesday. He sold shares worth Rs 4,613.65 crore. In Asian markets, South Korea's Kospi and Japan's Nikkei were down 225 points, while China's Shanghai Composite and Hong Kong's Hang Seng were in gain. American markets closed with a decline on Tuesday. International standard Brent crude closed at $ 72.90 per barrel with a gain of 0.48 percent.
The market closed with a rise on Wednesday
The stock market closed in the red on Wednesday. The market closed with losses due to selling in bank and financial stocks amid weak trend in global markets. Sensex fell 426.85 points or 0.53 per cent to 79,942.18 and National Stock Exchange's Nifty also fell 126 points or 0.51 per cent to 24,340.85.
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