Mumbai26 May. On Tuesday, the second day of the trading week in the domestic stock market, the rise of the last two days came to an end amidst fluctuations and both the standard indices closed with a decline. BSE Sensex fell by 479 points while NSE Nifty fell below 24,000 after a day with a loss of 118 points.
In fact, due to the rise in crude oil prices after the report of American attack in the southern part of Iran, the stock market lost the gains made in the first two hours. According to traders, apart from this, the market also suffered losses due to selling in financial and bank shares amid the fall in the rupee.
Sensex 0.63 percentage breakdown 76,009.70 closed on points
Bombay Stock Exchange (BSE)’s benchmark index Sensex based on 30 shares closed at 76,009.70, down 479.26 points or 0.63 percent. During trading, at one time the index had gained 138.08 points to reach 76,62.04, whereas after midday, at one time it had fallen by 579.28 points to 75,909.68 points. Among Sensex companies, stocks of eight remained strong and 22 declined.
nifty 118 due to drop in points 23,913.70 off on
At the same time, the 50-share standard index Nifty of the National Stock Exchange (NSE) closed at 23,913.70 points with a decline of 118 points or 0.49 percent. Among Nifty companies, shares of 18 remained in the green while 32 shares recorded a decline.
Unlike the benchmark index, BSE Midcap Select Index of medium companies gained 0.27 percent and Smallcap Select Index of smaller companies gained 0.26 percent.
Bharti Airtel shares fell the most by 1.51 percent
Among Sensex group companies, shares of Bharti Airtel fell the most by 1.51 percent. Trent, Tata Consultancy Services, Bajaj Finance, Titan and HDFC Bank were also major losers. The profitable stocks include Tech Mahindra, Eternal, Maruti and Adani Ports.
FII has 821.75 bought shares worth crores of rupees
According to stock market data, foreign institutional investors (FIIs) bought shares worth Rs 821.75 crore on Monday. Global oil benchmark Brent crude rose 2.93 percent to $98.96 per barrel.
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