Diwali The stock market opened in the red on the day. BSE opened 136.22 points down at 79,805.96 points. At the same time, NSE Nifty is trading at 24,307.00 points with a fall of 33.85 points. Let us tell you that today there may be fluctuations in the market due to monthly expiry. So trade carefully. If we talk about falling stocks, then there is decline in KOTAKBANK, TATASTEEL, M&M, NESTLEIND, ADANIPORTS, TATAMOTORS, BHARTIARTL and SBI.
Fall in shares of these companies
Among the 30 Sensex listed companies, shares of Tech Mahindra, Tata Consultancy Services, Infosys, HCL Technologies, Titan, Maruti Suzuki and UltraTech Cement were the biggest losers. At the same time, the shares of Larsen & Toubro have jumped by more than five percent. The infrastructure major reported a five per cent rise in consolidated net profit at Rs 3,395 crore in the July-September quarter on the back of higher income. Shares of Sun Pharma, Axis Bank, Tata Steel and State Bank of India also gained.
Foreign investors made big sales
According to stock market data, foreign institutional investors (FIIs) were net sellers in the capital markets on Wednesday. He sold shares worth Rs 4,613.65 crore. In Asian markets, South Korea's Kospi and Japan's Nikkei 225 were in loss while China's Shanghai Composite and Hong Kong's Hang Seng were in the gain. US markets closed with a decline on Tuesday. International standard Brent crude stood at $ 72.90 per barrel with a gain of 0.48 percent.
The stock market closed in the red on Wednesday
Let us tell you that the stock market closed in the red on Wednesday. The market closed with losses due to selling in bank and financial stocks amid weak trend in global markets. BSE Sensex fell by 426.85 points or 0.53 percent and closed at 79,942.18 points. National Stock Exchange's Nifty also fell by 126 points or 0.51 percent and closed at 24,340.85 points. According to market experts, softening of selling by foreign investors and some improvement in valuation of domestic stocks are positive signs for the domestic market.
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