Thursday, December 12, 2024

Weak start of share market, Sensex-Nifty fell, selling in these stocks – Global News Desk

HomeBusinessWeak start of share market, Sensex-Nifty fell, selling in these stocks - Global News Desk

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share market Has had a weak start. BSE Sensex fell 341.72 points and opened at 80,027.31 points. At the same time, NSE Nifty fell by 116.30 points and opened at 24,350.55 points. If we look at the shares, there is a decline in JSW Steel, HINDUNILVR, Infosys, BHARTIARTL, SBI, Kotak Bank, BAJFINANCE, Reliance etc. Let us tell you that the bullish trend in the local stock market continued for the second consecutive day on Tuesday and BSE Sensex rose by 364 points. Amidst the strong trend in global markets, there was a rise in the market in the last hour of trading due to buying in shares of banks and petroleum companies.

Foreign investors are continuously selling

According to stock market data, foreign institutional investors sold shares worth Rs 3,228.08 crore on Monday while DIIs (domestic institutional investors) bought shares worth Rs 1,400.85 crore. In other markets of Asia, South Korea's Kospi, Japan's Nikkei and Hong Kong's Hang Seng were in profit while China's Shanghai Composite was in loss. There was a bullish trend in the major markets of Europe in afternoon trading. American markets were in gains on Monday. Global oil benchmark Brent crude rose 0.66 percent to $71.89 per barrel.

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Global News Desk
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