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Stock markets fall, Sensex closes 154.89 points and Nifty falls 38.95 points

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Declining trend in stock markets

There was a downward trend in the stock markets today. The Sensex lost 154.89 points to 49,591.32 and the Nifty lost 38.95 points to close at 14,834.85. Explain that the major stock index Sensex fell by more than 150 points during early trade on Friday due to negative global cues and fall in large stocks like HDFC Bank, ICICI Bank and Reliance Industries. During this period, the 30-share index was trading down at 49,559.27, down by 186.94 points or 0.38 percent. Similarly, the broader NSE Nifty slipped 44.10 points or 0.30 percent to 14,829.70.

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Bajaj Finance fell the most by two percent in the Sensex. Apart from this, Asian Paints, ICICI Bank, Kotak Bank, HDFC Bank and Reliance Industries were also in the red mark. On the other hand, HUL, Sun Pharma, ITC, ONGC, Powergrid and SBI saw a boom.

The Sensex rose 84.45 points or 0.17 percent to 49,746.21 and the Nifty closed up 54.75 points or 0.37 percent at 14,873.80 in the previous session. According to provisional data of the stock market, foreign institutional investors bought shares worth Rs 110.85 crore on a gross basis on Thursday. Meanwhile, the international oil benchmark Brent crude was trading down 0.03 percent at US $ 63.18 a barrel.

(This news has not been edited by the NDTV team. It has been published directly from the Syndicate feed.)

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