Share Market There was a huge fall in the stock market, Sensex reached below 71 thousand, Nifty also on the red mark.
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BSE’s 30-share index Sensex fell 675.79 points or 0.94 per cent to 70,879.40. NSE’s 50-share index Nifty fell by 187.85 points or 0.86 percent to 21,555.40 points. Shares of 27 companies in the Sensex index declined.
The stock market has started with a decline on Wednesday. The decline in global markets is having an impact. Along with this, now the impact is being seen in the domestic market also. There was a tremendous decline in the global market on Tuesday. Its effect was also seen on the Asian market on Wednesday. Asian markets were trading in the red. The impact of the decline in that market has also been seen on IT stocks. IT shares have fallen by two percent.
This is how business was on Wednesday
Amid the negative trend in the global market, there was a decline in domestic markets in early trade on Wednesday and the Sensex fell by 675.79 points. BSE’s 30-share index Sensex fell 675.79 points or 0.94 per cent to 70,879.40. NSE’s 50-share index Nifty fell by 187.85 points or 0.86 percent to 21,555.40 points. Shares of 27 companies in the Sensex index declined.
Shares of Infosys, Tech Mahindra, Wipro, HDFC Bank and TCS suffered the most losses in early trade. Shares of 44 companies listed in Nifty suffered losses. In other Asian markets, Japan’s Nikkei 225 and Hong Kong’s Hang Seng were in the red, while China’s Shanghai Composite was marginally positive. European and American markets closed with a negative trend on Tuesday. According to stock market data, foreign institutional investors (FIIs) made net purchases of shares worth Rs 376.32 crore on Tuesday.
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