Stock market dives again, Sensex breaks over 700 points – Nifty below 17,400
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Mumbai (Best Hindu News): Due to the weak signals received from the global markets, the stock markets also opened weak today i.e. on the last trading day of the week. Indian stock markets started with red mark at 9.15 am. Sensex and Nifty saw a decline of more than half a percent.
The Bombay Stock Exchange’s 30-share index Sensex opened with a slight gain, but saw its first decline immediately. By the end of trading, this decline increased and the Sensex closed down for the second consecutive day. At the end of trading, it fell 703.59 points to close at 56,463.15 points. During the session, the Sensex touched a high of 57,464.08 points and a low of 56,009.07 points. It had closed at 57,166.74 points on Monday.
Similarly, the National Stock Exchange’s index Nifty saw ups and downs since the opening trade. At the end of trading, it fell 215 points to close at 16,958.65 points. It touched a high of 17,275.65 and a low of 16,824.70 during the day. It had closed at 17,173.65 points on Monday.
Out of all 30 companies included in the BSE Sensex, only 4 companies closed in the green zone. Reliance Industries emerged as the top-performer and its stock closed with a gain of 3.71%. Apart from this, the shares of ICICI Bank, SBI and Bajaj Finance registered a boom. At the same time, the biggest decline was recorded in the share of HDFC. Its stock closed down 5.50%.
Apollo Hospitals was the top gainer on NSE Nifty. It closed with a gain of 5.32%. At the same time, the biggest decline was in the share of HDFC. It closed down 6.26%. Meanwhile, the stock also declined against the dollar. Against the dollar, it fell by 19 paise to Rs 76.48 per dollar.
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