Top News

Mumbai24 april. Amid the ongoing tension in West Asia, the domestic stock market witnessed a major decline for the third consecutive day due to the sharp rise in crude oil prices and heavy selling in the shares of IT companies. On Friday, the last day of the trading week, the BSE Sensex fell by almost 1000 points and slipped below 77,000, while the NSE Nifty also fell below 23,900 by 275 points.

Continued outflow of foreign capital, negative trend in global markets and continuous disruption in the Strait of Hormuz have created deep disappointment among businessmen. In this sequence, due to the sharp rise in crude oil prices and increasing pressure on the IT sector, both the benchmark indices fell by more than one percent.

Sensex 1.29 percentage breakdown 76,664.21 closed on points

Bombay Stock Exchange (BSE) Sensex, a 30-share sensitive index, fell 999.79 points or 1.29 per cent to close at 76,664.21. At one point during trading, it slipped 1,260.13 points or 1.62 percent to 76,403.87 points. Among Sensex companies, shares of 25 remained in the red and only five showed strength.

nifty 275.10 by rolling points 23,897.95 closed on points

On the other hand, Nifty, the standard index based on 50 shares of National Stock Exchange (NSE), also fell by 275.10 points or 1.14 percent and closed at 23,897.95 points. Among the companies associated with Nifty, shares of 12 remained in the green and 38 registered a decline.

Investors’ wealth reduced by Rs 7.17 lakh crore due to decline of 3 consecutive sessions.

Investors’ wealth was reduced by Rs 7.17 lakh crore due to heavy losses in three consecutive trading sessions amid all-round selling. In fact, in these three sessions, the market capitalization of the companies included in BSE declined by Rs 7,17,476.54 crore to Rs 4,61,49,758.18 crore.

Infosys shares are the highest 7.09 percentage broken

Among the companies included in the Sensex group, Infosys shares fell the most by 7.09 percent. Apart from this, shares of HCL Tech, Tata Consultancy Services, Tech Mahindra, Sun Pharma, Asian Paints and ICICI Bank also remained in loss. Whereas shares of Trent, Bajaj Finance, State Bank of India, HDFC Bank and Kotak Mahindra Bank closed with gains.

FII has 3,254.71 Sold shares worth crores of rupees

According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 3,254.71 crore on Thursday. Global oil benchmark Brent crude was trading 2.17 percent higher at $107.3 per barrel.