The Indian Equity Index closed down slightly on 18 June, the Nifty below 24,850. At closure, the Sensex was down 138.64 points or 0.17 percent to 81,444.66, and the Nifty was 41.35 points or 0.17 percent to 24,812.05. About 1486 shares rose, 2342 shares declined, and 131 shares did not change. The most declining shares in Nifty include TCS, Adani Ports, JSW Steel, HUL, Adani Enterprises, while the edged shares include IndusInd Bank, Trent, Titan Company, Maruti Suzuki and M&M. On the regional front, auto, private banks, consumer, except durable items, all other indices closed at red mark, with IT, media, metal, oil and gas, realty below 0.5–1 percent. The BSE midcap and smallcap index remained 0.3 percent.
The 30 -share BSE Sensex today opened up more than 200 points at 81,314.62. As soon as it opened, it saw ups and downs. It slipped till 81,237.01 during the business. Finally it closed at 81,444.66 with a decline of 138.64 points, or 0.17%. Similarly, the National Stock Exchange (NSE) Nifty-50 also opened at 24,788.35. There was a fluctuations in the business. Finally it closed at 24,812, declining 41.35 points, or 0.17%. The Securities and Exchange Board of India (SEBI) has approved a change in expiry dates of equity derivative contracts on NSE and BSE. Under this, NSE will now expiry derivatives contracts on Tuesday instead of Thursday. Whereas BSE will now expire on Thursday instead of Tuesday. This may change the market share of both exchanges.
Global signal
On Wednesday, a mixed trend was seen in the markets of the Asia-Pacific region. The increasing stress between Israel and Iran has increased the concern of investors. The situation has become more serious by US President Donald Trump expressing the possibility of military attack on Iran and demanding “unconditional surrender”. His statement indicates that the US may be more depth in the struggle.
Meanwhile, Japan’s Nikkei index rose 0.14% after an early decline, while the topics remained 0.15%. Kospi rose 0.46%, while Australia’s ASX200 index fell 0.2%. In May, Japan’s exports declined by 1.7% on a year-on-year basis, lower than the expected 3.8% decline. However, the possibility of recession in global trade has increased. Bank of Japan has warned that economic growth may slow down due to weakness in international demand and decline in corporate profits.
Nevertheless, Bank of Japan on Tuesday kept the major short -term interest rate stable at 0.5% in its June meeting on Tuesday, the highest level since 2008.