The stock market fell after losing eleven days of gains – Dainik Savera Times
Mumbai: Twelve groups including telecom, IT, realty and tech witnessed selling locally amid mixed global market sentiment on growth concerns ahead of a week full of central bank meetings in the US, UK, Norway, Sweden, Switzerland and Japan. Today the stock market fell, losing its momentum for the last consecutive day. BSE’s sensitive index Sensex fell by 241.79 points to 67596.84 points and National Stock Exchange (NSE) Nifty fell by 59.05 points to 20133.30 points. Similarly, BSE midcap fell 0.27 percent to 32,418.81 points and smallcap fell 0.60 percent to 37,601.16 points.
During this period, shares of a total of 3947 companies were traded in BSE, out of which 2082 were sold while 1695 were bought while 170 remained unchanged. Similarly, 26 companies of Nifty declined while the remaining 24 remained bullish. There was selling pressure in 12 groups of BSE. During this period, shares of Commodities 0.96, Energy 0.03, Financial Services 0.45, Healthcare 0.61, Industrials 0.19, IT 0.78, Telecom 1.86, Banking 0.45, Metal 0.89, Realty 1.27, Tech 0.92 and Services group fell 0.74 percent. There was a mixed trend in the world market. During this period, Britain’s FTSE fell by 0.31, Germany’s DAX by 0.59 and Hong Kong’s Hang Seng fell by 1.39 percent, while Japan’s Nikkei rose by 1.10 and China’s Shanghai Composite rose by 0.26 percent.
