Share Market Today: The five-day upward trend in the Indian stock market finally came to a halt on Friday. The market’s major indexes Sensex and Nifty closed with a huge decline today due to selling pressure at the global level. The 30-share BSE Sensex closed at 80,981.95 points, down 885.60 points (1.08 percent). During trading, it had at one point fallen by 998.64 points to reach 80,868.91 points. Along with the Sensex, the NSE Nifty also closed at 24,717.70 points, down 293.20 points (1.17 percent). During trading, it also at one time fell 324.05 points to reach 24,686.85 points.
Shares of 25 out of 30 Sensex companies closed with a decline
Shares of 25 out of 30 Sensex companies closed with a decline today and only 5 companies closed with a gain. Shares of Maruti Suzuki India, Tata Motors, JSW Steel, Larsen & Toubro, Tata Steel, Mahindra & Mahindra, Tata Consultancy Services, Tech Mahindra, HCL Technologies and Infosys closed with a decline on Friday. While shares of HDFC Bank, Sun Pharma, Kotak Mahindra Bank, Nestle India and Asian Paints registered a rise today.
Decline was also recorded in other Asian markets
Today, not only the Indian stock market but many other Asian markets also registered a decline. China’s Shanghai Composite, Hong Kong’s Hang Seng, Japan’s Nikkei and South Korea’s Kospi also closed with a decline. European markets were also trading with a decline. US stock markets closed with a decline on Thursday.
Sensex and Nifty closed at record levels on Thursday
According to stock market data, foreign institutional investors (FIIs) were buyers in the capital market on Thursday and bought shares worth a net Rs 2,089.28 crore. Let us tell you that on Thursday, the Sensex closed at a new all-time high of 81,867.55 points, up 126.21 points. On the other hand, the Nifty also closed at a record level of 25,010.90 points, up 59.75 points.
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