Share Market It has come to a standstill. In the election season, the market is not able to understand in which direction it has to move. Perhaps it is due to this that on Wednesday, after swinging between bullish and bearish markets, the market finally closed flat. BSE Sensex fell 45.46 points to close at 73,466.39. At the same time, NSE Nifty closed at 22,302.50 without any change. There was a mixed trend in the market today. There was a decline in banking stocks today while a good rise was recorded in auto stocks. Shares of Tata Motors closed at Rs 1012.20, up 2.43%. Tata Motors was the top gainer in Sensex.
Shares of these companies fell
Among Sensex stocks, Asian Paints, UltraTech Cement, Hindustan Unilever, HDFC Bank, HCL Technologies, Bajaj Finance, Bajaj Finserv and ICICI Bank were major losers. On the other hand, the profitable stocks include Tata Motors, Power Grid, NTPC, Larsen & Toubro and Maruti. In other markets of Asia, Japan’s Nikkei, China’s Shanghai Composite and Hong Kong’s Hang Seng were in loss while South Korea’s Kospi was in profit. There was a rise in early trading in major markets of Europe. There was a mixed trend in the American market Wall Street on Tuesday.
Foreign investors are selling
According to stock market data, foreign institutional investors sold shares worth Rs 3,668.84 crore on Tuesday. Global oil benchmark Brent crude fell 1.65 per cent to $81.79 per barrel. BSE Sensex fell 383.69 points on Tuesday while NSE Nifty fell 140.20 points.
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