The Indian stock markets closed in red mark on Wednesday (April 30) amid mixed trend in global markets. The benchmark index Nifty 50 and the Sensex declined due to a major decline in veteran shares such as Bajaj Finserv and Bajaj Finance. The market dominated the market in the last 30 minutes of the business. The market provided some support from Maruti -led auto stocks.
Thirty -share BSE Sensex opened at 80,370.80 points today. It fell to 79,879.15 points during trading. The Sensex closed at 80,242.24, declining 46.14 points or 0.06% after the ups and downs.
National Stock Exchange (NSE) Nifty-50 opened at 24,342.05 points today. The index fell as soon as it opened. Finally it closed at 24,334.20 with a decline of 1.75 points or -0.01%.
Bajaj Finance and Bajaj Finserv shares fall by 5%
Bajaj Finance and Bajaj Finserv’s shares closed 5.18% and 5.44% below 5.44% respectively after weaker results than the fourth quarter. Bajaj Finance contributed to 105.83 points and Bajaj Finserv was 52.58 points to the Sensex fall.
CCS focus on meeting and US trade agreement
After the terrorist attack on April 22 in Pahalgam, investors will be focused on the meeting of the Cabinet Committee of Economic Affairs (CCEA) and the Cabinet Committee on Security Affairs (CCS). Investors will keep an eye on what steps the Indian government takes against Pakistan and what effect does it affect the market. I
In addition, the fourth quarter results, primary market activities, Indo-US trade agreement, Nifty weekly F&O close and Indian shares purchasing by foreign investors will also decide the market move on Wednesday. The stock market will be closed on Thursday, May 1 on the occasion of Maharashtra Day. In such a situation, investors can change their portfolio today.
A look at the trend of global market
The US stock markets closed up last night. Dow Jones rose 0.75% to close at 40,527.62, while S&P 500 rose 0.58% to 5,560.83 and Nasdaq Composite rose 0.55% to 17,461.32.
On Wednesday morning, Asian markets were mixed with mixed trend as investors were waiting for many important economic data and policy decisions. It also includes China’s PMI data of April, which came to a two -month low. Australian inflation figures, and the initiative of the interest rate assessment meeting of Bank of Japan.
Japan’s Nikkei rose 225 0.22%, Australia’s S&P/ASX 200 increased 0.34%, Hong Kong’s Hangseng index and China’s CSI 300 increased by 0.14%. At the same time, South Korea’s Kospi was trading below 0.27%.
How was the market performance on Tuesday?
The 30 -share BSE Sensex rose 70.01 points or 0.09% to close at 80,288.38. The National Stock Exchange (NSE) Nifty closed at 24,335.95 with a gain of 7.45 points or 0.03%.
