The worries of weaker global signs and monsoons have led to a decline in the market today. The Sensex closed more than 100 points today, while the Nifty closed close to 10750. Today’s business mid-cap index has seen a decline of more than 0.5%.
In the initial trading, the Sensex and Nifty are trading with a slight increase. Nifty is seen around 10780, while the Sensex is showing around 35565.
At the turn of the day, the BSE 30-share index, which closed at 35547.33 level, rose by about 260.59 points, or 0.74%. On the other hand, the NSE’s 50-share index closed at 6172.05 with an increase of 61.60 points, or 0.58%.
the BSE 30-share index closed down 261.52 points, or 0.74 %, to close at 35,286.74. On the other hand, the NSE’s 50-share index closed at around 10,910.45 with a weak 89.40 points, i.e. 0.83%
The weakness of the week started in the market today and finally the Sensex-Nifty closed with a fall. But the decline in crude oil prices has led to the rise in oil marketing companies and BSE’s oil and gas index closed with an increase of 1.25%.
The sluggishness of the Asian markets has made the pressure on the domestic markets. There is no good sign from the US markets too. The world market has collapsed by hoisting trade war in the US and China. Nikkei and SGX Nifty are doing weak business.
Today the market has been closed by poor foreign signals. The Sensex today down 150 points, while the Nifty closed 0.5% down. However, today’s business has got good recovery in the mid-cap.
Asian markets are also seeing a decline of up to 1%. SGX Nifty is also doing business with weakness. Between the global signals today, Indian markets have also started with sluggishness.
Before the Fed meeting, profit booking has been done in the market. Sensex slipped nearly 150 points from the upper levels of the day, while the Nifty has lost nearly 40 points. Bank Nifty also saw decline in the upper levels of the day. In today’s trading, the Nifty knocks up to 10,893.25 while the Sensex reached 35,877.4. Finally, close to 10,860, while the Sensex has come down to 35,750.