The downward trend in the stock market continues. On Friday, the last trading day of the week, the Sensex fell 182 points to close at 52,386. Along with this, Nifty also closed at 15,689 with a fall of 38 points. Auto and banking stocks were at the forefront of the fall, while metal stocks shone.
19 out of 30 stocks included in the Sensex declined, with HDFC Bank, TCS and Bajaj Auto falling over 1-1%. At the same time, Tata Steel’s share gained 4% and Bajaj Finserv’s share gained 3%. Apart from this, the share of Bharti Airtel has also closed at 536, up 2%.
3,353 shares were traded on the BSE, out of which 1,912 shares gained and 1,286 declined. The total market cap of the listed companies has also gone up to Rs 231.15 lakh crore.
Pressure in China and Japan markets:
Japan’s Nikkei index fell 156 points (0.55%) to close at 27,962. Similarly, the Shanghai Composite Index also closed down 1.42 points at 3,524. However, Hong Kong’s Heng Seng index climbed 169 points to close at 27,274.
The decline in the US stock market was seen in
Wall Street due to uncertainties about the pace of US economic recovery. The Dow Jones index fell 259 points to end at 34,421. The Nasdaq also closed with a decline of 105 points and the S&P 500 by 37 points.
Europe’s markets also fell sharply,
France’s CAC index slipped 130 points (2.01%) to close at 6,396. Germany’s DAX index fell 272 points (1.73%) to 15,420 and Britain’s FTSE index closed 120 points (1.68%) down at 7,030.
Yesterday, the domestic market also closed with a fall, on
Thursday, the Sensex closed at 52,567 points, down 486 points (0.92%). Similarly, Nifty also remained at 15,728 with a loss of 152 points (0.96%). The Sensex fluctuated 675 points and Nifty 257 points during the trading day.