Business

Closing Bell: Nifty Closes Below 19,390; Sensex Falls 542 Points

The NSE Nifty 50 and BSE Sensex closed down on Thursday, maintaining their negative trend from the previous session. The Nifty 50 fell 145 points to 19,381, while the Sensex fell 0.82% to 65,240.

As investors maintain a careful eye on global happenings, the market mood tends to be bearish.

Bank Nifty finished 1.07% lower, slightly above the 44,513 mark. Nifty Private Bank, Nifty Realty, and Nifty Financial Services were among the worst performers, while Nifty Pharma and Nifty Media increased by 0.91% and 1.04%, respectively.

The Nifty 100, Nifty 200, and Nifty 500 closed lower in the broader markets, but the Nifty Midcap 100 and Nifty Smallcap 100 closed higher.

In Asian markets, Seoul, Tokyo, and Hong Kong concluded in the red, while Shanghai closed in the green.

The European markets were in the red.

On Wednesday, US markets finished lower after Fitch Ratings downgraded the US government’s credit rating by one step.

According to exchange data, foreign institutional investors (FIIs) sold stocks worth Rs 1,877.84 crore on Wednesday.

Brent crude fell 0.46 percent to USD 82.82 per barrel.

On Wednesday, the BSE benchmark fell 676.53 points, or 1.02 percent, to 65,782.78. The Nifty dropped 207 points, or 1.05 percent, to close at 19,526.55.

Also read: As Dalal Street Joins Worldwide Selloff, Investors Lose Rs. 3.56 Lakh Crore

Spriha Rai

Recent Posts

Gautam Adani Hails Puri Lifeguards As Unsung Heroes During Rath Yatra Visit

Gautam Adani, Chairman of the Adani Group, visited Puri in Odisha during the annual Rath…

4 hours ago

Acharya Pramod Krishnam Slams Congress Over ‘Internal Emergency’ Allegation

Acharya Pramod Krishnam, stirred political debate by claiming an 'internal emergency' still exists within the…

5 hours ago

MRM Meeting: Pledge for Global Peace, Green India, De-addiction & Democratic Integrity

Taking a crucial step toward positive transformation, social reform, and global peace, the Muslim Rashtriya…

5 hours ago

India To Host 2029 World Police & Fire Games; Amit Shah Hails Global Recognition

India has been chosen to host the prestigious 2029 World Police and Fire Games in…

5 hours ago

Seeing The Lord Among Devotees Is The Pinnacle Of Humility: Gautam Adani At Rath Yatra

Gautam Adani, along with his wife and Karan, participated in the Rath Yatra in Puri,…

8 hours ago

PM Modi Interacts With Group Captain Shubhanshu Shukla Aboard The ISS

PM Narendra Modi interacted with Group Captain Shubhanshu Shukla, the first Indian to reach the…

9 hours ago