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Share Market: India’s domestic benchmark index closed on the red mark on the last trading day of the week. Equity benchmark index, Sensex and Nifty closed with a decline in eighth consecutive business sessions. The BSE Sensex fell by around 200 points to close at 75,950 levels, while NSE’s Nifty fell at 22,929.25, slightly more than 100 points.
These shares remain in profits and losses
The session made a profit of Nestle, ICICI Bank, Infosys, TCS and HCL Tech on a 30 -share Sensex platform, while Adani Ports, UltraTech Cement, Sun Pharma, IndusInd Bank and NTPC shared shares were lost. During the session, several indexes fell more than 3 percent in broad markets. The Nifty Smallcap 50 index declined by 3.81 percent, while the Nifty Smallcap 100 index recorded a decline of up to 3.55 %.
The sectorly media index remained on the red mark and fell to 3.40 percent with a decline of more than 3 percent. Pharma and Healthcare Index declined by 2.87 percent and 2.46 percent respectively.
Due to this the stock market fell
The major reason for this decline in the stock market is the concern of investors about the American tariff. Meanwhile, Prime Minister Narendra Modi And met US President Donald Trump and the two countries committed to finalize the first phase of the trade agreement by the end of the year and aims to bring bilateral trade to $ 500 million by 2030. Apart from this, the disappointing results of the third quarter have also weakened the market to a great extent.
According to exchange data, foreign institutional investors (FIIs) sold Indian shares worth Rs 2,789.91 crore on Thursday. Global Oil Benchmark Brent crude rose 0.55 percent to $ 75.43 per barrel
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