Share Market Update: The effect of the decline in global markets was also seen in the Indian stock market today. At first the beginning was good, but then the market trend faltered. BSE’s 30-share Sensex slipped 200 points to 84750. Whereas NSE’s benchmark index of 50 shares is seen rising by 72 points and trading at 25940.
Due to weakness in the global market, the Indian stock market was also expected to fall today. In the morning, Gift Nifty was also trading around 26001, which is a decline of 59 points from the previous closing price of Nifty futures. However, despite this, initially there was a rise in Sensex and Nifty. Sensex opened with a jump of 91 points at 85042 and Nifty also started trading with a rise of 8 points at 26021.
Global market situation
The impact of the overnight fall on Wall Street was also seen in Asian markets on Tuesday. Japan’s Nikkei is down 2.25 percent, South Korea’s Kospi is down 2.19 percent and Hong Kong’s Hang Seng is down 1 percent. At the same time, a decline of 0.64 percent was recorded in Kospi of South Korea and 0.58 percent in Kosdaq. Australia’s S&P/ASX 200 also remained in the red with a decline of 0.76 percent in early trading.
If we talk about Wall Street, the Dow Jones Industrial Average fell 557.24 points (1.18 percent) and closed at 46,590.24. The S&P 500 fell 0.92 percent to close at 6,672.41, while the Nasdaq Composite fell 0.84 percent to 22,708.07.
How was the purchase of shares?
On Monday, November 17, foreign investors bought shares worth Rs 442 crore in the Indian stock market. While domestic institutional investors (DIIs) also continued their buying spree and invested Rs 1,466 crore in the day.
us dollar
The US Dollar Index (DXY), which measures the value of the dollar against six foreign currencies – Euro, Yen, Pound, Swiss Franc, Canadian Dollar and Swedish Krona, rose 0.03 percent to 99.57 on Tuesday morning. Similarly, on November 17, the rupee fell 0.14 percent and closed at 88.63 against the dollar. An increase in the index means a strengthening of the dollar and a fall means a weakening of the dollar.
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