Business

Closing Bell: Nifty Drops To 19,387; Sensex Down 181 Points

The share market lost its gains from the first half. The Sensex and Nifty both closed in the red.

The Sensex, Nifty, and Nifty bank each fell 1 percent from their intraday high.

The Sensex declined 181 points to 65, 252 while the Nifty fell 57 points to 19,387.

Midcap stocks continued to outperform their peers. The midcap index was up 0.4 percent.

Gainers included FMCG, IT, telecommunication, services and technology.

Asian stocks rose on Thursday. Seoul, Tokyo, Shanghai, and Hong Kong all ended in the green.

The Nikkei 225 index in Japan climbed for the fourth consecutive day, its longest winning streak since mid-June, as Nvidia’s record profits bolstered Japanese technology equities. The Nikkei 225 finished up 0.87 percent, near the day’s high, bringing its weekly gains to 2.66 percent.

European stocks were trading in the green.

On Wednesday, the US markets finished higher.

According to exchange data, Foreign Institutional Investors (FIIs) turned buyers on Wednesday, purchasing stocks worth Rs 614.32 crore.

Brent crude rose 0.10 percent to USD 83.29 a barrel.

On Wednesday, the BSE index rose 213.27 points or 0.33 percent to 65,433.30. The Nifty rose 47.55 points or 0.25 percent to 19,444.

Also read: Wagner Chief’s Plane Crash Information Disseminated By Witness

Spriha Rai

Recent Posts

Jamaat-e-Islami Hind Voices Concern Over New Criminal Laws, Condemns Increase In Mob Lynching Incidents Post-Elections

The APCR Secretary also expressed profound concern over the alarming increase in communal violence, lynching…

15 mins ago

Amazon Signs $1.3 Billion Deal To Build Top-Secret Cloud For Australian Military

Australian military intelligence will be stored on a custom Amazon cloud server, enhancing interoperability and…

25 mins ago

Controversial Video: UP Principal Forcibly Removed From Office, Replacement Watches On

Despite conflicting accounts, video evidence and CCTV footage have been pivotal in understanding the events…

44 mins ago

Lisa Nandy Among Record Set Of Women In UK Prime Minister Keir Starmer’s Cabinet

The Manchester-born daughter of Calcutta-born academic Dipak Nandy and English mother Luise Byers has spoken…

58 mins ago

Indian Startups Raise $176 Million In First Week Of July

In a strong start to July, the Indian startups ecosystem secured $176 million across 16…

1 hour ago

Modi Government’s First Budget Of Third Term Set for July 23 In Lok Sabha

Nirmala Sitharaman, serving as Union Finance Minister, has presented a total of six budgets, including…

1 hour ago