Business

Stock markets close modestly lower in turbulent trade

On Friday, stock markets closed with modest losses for the second consecutive session, mainly due to selling in IT sectors and a lack of new buying triggers.

The 30-share BSE Sensex fell 47.77 points or 0.07 percent to 65,970.04. It fluctuated 207.59 points over the day, reaching a high of 66,101.64 and a low of 65,894.05.

The Nifty lost 7.30 points or 0.04 percent to 19,794.70.

HCL Tech, Wipro, Tata Consultancy Services, Tech Mahindra, Nestle, Tata Motors, Infosys, Bharti Airtel, UltraTech Cement, and Tata Steel were among the Sensex laggards.

Axis Bank, HDFC Bank, ICICI Bank, JSW Steel, Mahindra & Mahindra, and Kotak Mahindra Bank, on the other hand, were the significant players.

In Asian markets, Tokyo finished higher, while Seoul, Shanghai, and Hong Kong finished lower.

The majority of European markets were trading in green.

On Thursday, the US markets were closed for the Thanksgiving holiday.

Brent crude gained 0.18 percent to USD 81.57 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) purchased securities worth Rs 255.53 crore on Thursday.

On Thursday, the BSE benchmark declined 5.43 points or 0.01 percent to 66,017.81. The Nifty sank 9.85 points or 0.05 percent to 19,802.

Also read: Police report a major outbreak of violence in Dublin following a knife attack

Spriha Rai

Recent Posts

Targeted Attacks Label LIC’s Adani, Reliance Stakes As Risky

Growing pressure campaigns aim to influence LIC’s investment decisions, raising concerns about destabilising long-term infrastructure…

23 mins ago

Queensland Court Blocks Activist As Adani’s Carmichael Mine Wins Confidentiality Battle

A Queensland court permanently barred activist Ben Pennings from seeking Adani’s confidential Carmichael mine data,…

40 mins ago

PM Modi & Acharya Pramod Krishnam Steer Kalki Dham’s Rapid Rise In Sambhal

The ongoing construction of Shri Kalki Dham in Sambhal shows rapid progress as skilled artisans…

2 hours ago

PM Anthony Albanese Marries Jodie Haydon In Intimate Ceremony At The Lodge

Australian Prime Minister Anthony Albanese married Jodie Haydon on Saturday at The Lodge, the first…

3 hours ago

NIA Secures Further Custody Of Anmol Bishnoi As Probe Into Terror Syndicate Deepens

The NIA has secured another seven days’ custody of international gangster Anmol Bishnoi, the younger…

4 hours ago

Delhi Police Seek Details On Foreign-Trained Doctors As Red Fort Blast Probe Expands

Delhi Police are seeking details of foreign-trained doctors as part of the Red Fort blast…

4 hours ago