Amid mixed global cues, domestic shares plunged sharply as soon as they opened on Monday. The two major indexes of the domestic stock market, Nifty and Sensex, tumbled. The benchmark Sensex of the Bombay Stock Exchange opened with a sharp decline of 403.62 points at 9:15 am and opened at the level of 76,806.28. Similarly, the Nifty of the National Stock Exchange also started trading at the level of 23387.05 with a decline of 114.05 points. The Bank Nifty index opened at 51,280.25 with a decline of 381.20 points or 0.74%.
These shares were the top gainers and losers
At the start of trading, Sun Pharma, ICICI Bank, Wipro, ITC and Shriram Finance were seen making major gains on the Nifty, while Indusind Bank, Cipla, SBI, Tata Steel and Bajaj Finance saw a decline. Apart from this, all the sectoral indices except capital goods, FMCG and power are trading in the red.
The indication was given in the pre-opening itself
Domestic indices NSE Nifty 50 and BSE Sensex started negative in pre-opening on Monday. Stock markets in the Asia-Pacific region are trading with marginal losses on Monday morning. Asia Dow is trading with a gain of 0.88%, while Japan’s Nikkei 225 is trading in the red with a decline of 0.03%, Hong Kong’s Hang Seng index closed with a gain of 1.67% and the benchmark Chinese index Shanghai Composite is trading with a decline of 0.24%.
How was the attitude of foreign investors
According to provisional data available on the National Stock Exchange (NSE), foreign institutional investors (FIIs) sold shares worth Rs 1,790 crore while domestic institutional investors (DIIs) bought shares worth Rs 1,237 crore on June 21, 2024.
Crude oil prices fall
WTI crude oil prices fell by 0.26% to $80.38 on Monday morning, while Brent crude oil prices also fell by 0.26% to $84.85.
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