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

Samrat Choudhary Donates One Month’s Salary To Support Bihar Flood Victims

Bihar Chief Minister Samrat Choudhary has donated one month’s salary to the Chief Minister’s Relief…

26 mins ago

Maharashtra CM Devendra Fadnavis Hosts Hanuman Ansh Team, Hails Their Work

Maharashtra Chief Minister Devendra Fadnavis met director Vishal Chaturvedi and the Hanuman Ansh team at…

55 mins ago

Congress Rules Out Trinamool Alliance Despite Backing Mamata Faction During Symbol Dispute

Congress backs Mamata Banerjee’s faction over the symbol dispute but rules out an electoral alliance…

1 hour ago

OpenAI Launches New Legal-Focused AI Platform; Escalating Race For Law Firm Users

OpenAI has launched Astra for Law, targeting legal research, drafting and custom applications as AI…

1 hour ago

Dengue Cases Rise Across Tamil Nadu As Monsoon Intensifies Mosquito-Borne Disease Surveillance Efforts

Tamil Nadu reports rising dengue infections after monsoon onset, prompting intensified mosquito control, surveillance and…

1 hour ago

India Sends Ninth Relief Flight To Flood-Hit Nepal With 11 Tonnes Of Essential Supplies

India delivered 11 tonnes of essential relief material to Nepal as its ninth special flight…

1 hour ago