In the previous session, the Sensex had gained 257.62 points, or 0.51 percent, to close at 51,039.31 points and the Nifty gained 115.35 points or 0.77 percent to close at 15,097.35 points. Foreign portfolio investors (FPIs) remain net buyers in the capital market
The Sensex broke more than a thousand points in early trade on Friday due to the fall in the prices of many big companies amid the decline of global markets. The 30-share sensitive index Sensex of the BSE was at 49,950.75 points at one time. However, it registered some improvement and was trading at 50,112.10 points, down by 927.21 points i.e. 1.82 percent. Similarly, NSE Nifty was down 270.40 points ie 1.79 percent at 14,826.95 points.
Among the Sensex companies, IndusInd Bank fell the most by three percent. On the other hand, shares of Nestle India, Maruti Suzuki, HUL and Bharti Airtel were in gains.
In the previous session, the Sensex had gained 257.62 points, or 0.51 percent, to close at 51,039.31 points and the Nifty gained 115.35 points or 0.77 percent to close at 15,097.35 points.He bought shares worth Rs 188.08 crore on Thursday.
Among the Asian markets, China’s Shanghai Composite, Hong Kong’s Hangseng, South Korea’s Kospi and Japan’s Nikki were in a sluggish midday trade. Meanwhile, global oil benchmark Brent crude was trading 0.65 percent down at $ 65.70 a barrel.
Nidhi Malviya is fun loving girl. She writes at NoobFeeds about various topics related to Finance, Technology, Business etc.