Stock Markets Updates : Domestic stock markets, which are seeing a steady rise, are seeing a big decline on Monday. Due to profit-booking, the BSE Sensex fell by more than 400 points in the opening trade itself and the NSE Nifty also fell by 1.5 per cent directly. Nifty is moving above 15,600.
At 10.19 in the morning, the Sensex fell by 200.19 points i.e. 0.38% and the index fell at the level of 52,274.57. During this Nifty declined by 75.75 points or 0.48% and the index was trading at 15,723.60.
Talking about the opening, Sensex opened with a fall of 0.10 percent and Nifty 0.25 percent today amid mixed global cues. But after a while at 9.30, the Sensex has fallen by 444.15 points or 0.88 percent and the index reached the level of 52,046.50. Nifty was trading at the level of 15,631.54 during this period with a fall of 169.50 points or 1.5 percent.
The BSE Midcap index declined 2 per cent and the Smallcap index declined 1.6 per cent. All sectoral indices on the BSE were trading in the red mark. At the same time, 28 stocks were in the red in the 30-share Sensex.
The biggest decline of 1.65 percent in the Sensex was in Bajaj Finance. After this, the falling stocks included NTPC, SBI, Kotak Bank, Bharti Airtel, Dr Reddy’s and HDFC. On the other hand, Infosys, Reliance, TCS, Bajaj Auto and ONGC rose.
In the previous session, the Sensex closed at a new high of 52,474.76, up 174.29 points or 0.33 per cent. Similarly, Nifty had risen 61.60 points or 0.39 per cent to its highest level at 15,799.35. According to provisional data of the stock market, foreign institutional investors (FIIs) bought shares worth Rs 18.64 crore on a gross basis on Friday. International oil benchmark Brent crude was up 0.45 per cent at $73.02 per barrel.
The Asian market saw an uptrend today. Japan’s Nikkei rose 0.45 percent, while the Topix index rose 0.25 percent.
(with input from language)