Stock market at this time: BSE Sensex ends 203 points down after crossing 77,000 mark; Nifty50 near 23,250

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Stock market at this time: Indian fairness benchmark indices, BSE Sensex and Nifty50, closed in purple on Monday after hitting life-time highs in intra-day commerce. While BSE Sensex scaled above the 77,000 mark, Nifty50 went above 23,400 in intra-day commerce. BSE Sensex closed the day at 76,490.08, down 203 points or 0.27%. Nifty50 ended the day at 23,259.20, down 31 points or 0.13%.
The prime gainers on Sensex 30 included ExtremelyTech Cement, Power Grid, Nestle India, Axis Bank, NTPC, Tata Steel and Tata Motors.The prime losers on Sensex 30 included Tech Mahindra, Infosys, Wipro, M&M, Bajaj Finance, TCS and HCL Tech.
The home inventory market ended the earlier week near file highs, regardless of important fluctuations brought on by election-related uncertainty. Analysts anticipate that the upward development will persist, with consideration now turning to essential financial indicators each domestically and globally.
Nagaraj Shetti of HDFC Securities says that there’s a chance of a minor dip within the market from the highs within the brief time period, across the 23300-23400 ranges, which may current a shopping for alternative. The quick help stage is at 22900.
Oil costs edged decrease for the second consecutive session on Monday, pressured by a stronger greenback as expectations of rate of interest cuts have been pushed additional out following sturdy U.S. jobs knowledge on Friday. Brent crude futures and U.S. West Texas Intermediate crude futures slipped 4 cents to $79.58 and $75.49 a barrel, respectively, by 0036 GMT.
ZEE, Balrampur Chini Mills, and SAIL have been among the many shares within the F&O ban at this time. Securities within the ban interval underneath the F&O section embody corporations during which the safety has crossed 95% of the market-wide place restrict.
Foreign portfolio buyers have been internet patrons at Rs 4,391 crore on Friday, whereas home institutional buyers offered shares value Rs 1,289 crore. The rupee appreciated by 13 paise to 83.40 in opposition to the US greenback on Friday, in keeping with a agency development in home fairness markets after the Reserve Bank of India (RBI) maintained the important thing coverage price.
The internet brief place of international institutional buyers elevated from Rs 2.87 lakh crore on Thursday to Rs 1.92 lakh crore on Friday.


Nilesh Desai
Nilesh Desaihttps://www.TheNileshDesai.com
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.

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