Stock Market Trading 23 Sept: The domestic stock market declined for the third consecutive day on Friday due to a weak trend in global stock markets. The BSE Sensex shed 1,020.80 points at 58,098.92 and the NSE Nifty fell 302.45 points to end at 17,327.35.

On Friday, there was a big fall in BSE-NSE. At 2.45 pm, the Sensex fell 1010.55 points (1.71%) to 58,109.17. At the same time, Nifty is trading at 17,361.70, down 268.10 points or 1.52%.

Investors lost Rs 4 lakh crore
There has been a loss of about Rs 5 lakh crore as the market cap of all the companies listed on BSE has come down to Rs 276.6 lakh crore. There has been a big fall in the stocks of banks and financial services companies. Heavyweight and D-Street favorite HDFC Bank is down nearly 2.7 per cent in Nifty Bank. Let us inform that fearing global recession, foreign investors on Thursday sold shares worth more than Rs 2,500 crore from the Indian markets.

Earlier, around 1.20 pm, the Sensex broke more than 800 points and it is trading at 58,236.96 with a fall of 1.46%. Nifty has fallen 263.60 points (-1.5%) to 17,366.20. Earlier, the BSE’s major index Sensex fell 558.59 or 0.94% to open at 58,561.13. At the same time, NSE’s Nifty fell 147.55 points or 0.84% ​​to open at 17,482.25.

these stocks rise

In the intraday, except the shares of Tata Steel, Sun Pharma, ITC and Infosys, all the shares are trading on the red mark on the BSE. Shares like Tata Steel, Infosih, Sun Pharma, Hindustan Unilever, HCL Tech were up in early trade on BSE. At the same time, Mahindra & Mahindra’s stock saw the biggest decline. Apart from this, shares of Power Grid, HDFC, Kotak Bank, HDFC Bank, IndusInd Bank, Axis Bank, Bajaj Finance, SBI, Asian Paint, Tech Mahindra, Bharti Airtel, ICICI Bank, Titan, ITC, Nestle, Bajaj Finserv saw a decline. was found.

Top gainers and losers of NSE
Cipla, Apollo Hospitals, Divi’s Lab, Tata Steel and Hindustan Unilever are among the top 5 gainers on NSE in early trade. So there, the losers have shares of Power Grid, IndusInd Bank, Kotak Bank, HDFC, M&M.

Also read- Rupee crosses 81 for the first time, lowest level ever against dollar

Global market decline
Among other Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in losses. The US markets also closed with losses on Thursday. In the previous trading session, the 30-share Sensex was down 337.06 points, or 0.57 per cent, at 59,119.72 points. The Nifty of the National Stock Exchange also closed at 17,629.80, down 88.55 points, or 0.50 percent. Meanwhile, international oil standard Brent crude fell 0.50 per cent to $ 90.02 per barrel. Foreign institutional investors (FIIs) sold shares worth a net Rs 2,509.55 crore on Thursday, according to provisional stock market data.


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By Dipak

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