Turmoil continues in the domestic stock market, Sensex fell by 1097 points and slipped below 79000, Nifty weakened by 315 points.
Mumbai, 6 March. Amid the deepening crisis in West Asia due to the Israel-America vs Iran conflict, the Indian stock market is also going through turmoil as per the global signals. In this sequence, due to weakening of investor sentiment, a big decline was recorded on Friday, the last day of the trading week.
While BSE Sensex fell by 1,097 points and went below 79,000, Nifty again slipped below 24,500 with a weakness of 315 points. According to market analysts, the rise in crude oil prices and continuous selling by foreign investors also put pressure on the market.
Sensex 1.37 percentage breakdown 78,918.90 closed on points
Bombay Stock Exchange (BSE)’s benchmark index Sensex based on 30 shares fell 1,097 points or 1.37 per cent to close at 78,918.90 points. At one point during trading, it fell 1,203.72 points to 78,812.18 points. Among Sensex related companies, shares of only six gained strength while 24 declined.
nifty 315.45 loss of points 24,450.45 off on
At the same time, Nifty, the standard index based on 50 shares of National Stock Exchange (NSE) also closed at 24,450.45 points with a loss of 315.45 points or 1.27 percent. Among Nifty related companies, 40 stocks remained weak and 10 made profits.
Eternal and ICICI Bank stocks fell the most by 3.39 percent.
Among the companies included in the Sensex group, the stocks of Eternal and ICICI Bank fell the most by 3.39 percent. Shares of Axis Bank, HDFC Bank, State Bank of India, UltraTech Cement, Bajaj Finserv and Larsen & Toubro also declined significantly. On the other hand, shares of Reliance Industries, Bharat Electronics, Sun Pharma, NTPC, Infosys and HCL Tech registered gains.
FII has 3,752.52 Net sale of shares worth crores of rupees
According to stock market data, foreign institutional investors (FIIs) made a net sale of shares worth Rs 3,752.52 crore on Thursday. However, domestic institutional investors (DIIs) bought shares worth Rs 5,153.37 crore.
brent crude 2.53 percentage increase 87.57 reached dollar per barrel
Meanwhile, global oil standard Brent crude rose 2.53 percent to $ 87.57 per barrel amid the rise in crude oil prices due to deepening West Asia crisis.
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