Heavy fall in stock market
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Mumbai: The stock market today closed nearly one per cent lower due to all-round selling at the local level under pressure from a fall in the global market on fears of a hike in interest rates ahead of the release of US employment data. BSE’s 30-share sensitive index Sensex plunged 541.81 points to 59806.28 points below the psychological level of 60 thousand points and National Stock Exchange (NSE) Nifty fell 150.15 points to 17604.25 points. Similarly, BSE Midcap fell 0.55 percent to 24,789.01 points and Smallcap fell 0.20 percent to 28,117.40 points. During this period, shares of a total of 3615 companies were traded on the BSE, out of which 1923 declined while 1565 advanced while 127 remained unchanged.
Similarly, there was selling in 37 companies while buying in remaining 13 in NSE. The investor sentiment towards 14 groups of BSE remained weak. During this period Commodities 0.36, CD 1.05, Energy 0.87, FMCG 0.92, Financial Services 0.73, Healthcare 0.06, IT 0.96, Telecom 0.22, Auto 1.71, Banking 0.69, Consumer durables 1.17, Oil & gas 0.70, Realty 1.08 and Tech group shares 0.77 The percentages fell.
The trend in the international market remained weak. During this period Britain’s FTSE 0.83, Germany’s DAX 0.57, Hong Kong’s Hangseng 0.63 and China’s Shanghai Composite fell 0.22 percent while Japan’s Nikkei gained 0.63 percent.
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