Sell off dominates the stock market, Sensex plunges 433 points, rupee breaks six paise


Today, after the day's ups and downs, on the last trading day of the week, the stock market closed on Friday. The Bombay Stock Exchange's leading index Sensex lost 1.13 percent to close at 433.15 points at 37877.34. At the same time, the National Stock Exchange's Nifty closed down 1.08 percent at 11178.40 level, down 122.05 points. The Sensex saw a fall of 650 points during trading today.

Rupee breaks six paise against US dollar

On Friday, the rupee fell six paise to close at 74.90 (provisional) against the US dollar amid weakness in the domestic stock market. In the interbank foreign exchange market, the rupee opened at 74.85 against the US dollar and then closed at 74.90 showing weakness, showing a fall of six paise against the previous closing price of 74.84. Touched the lower level.

Meanwhile, according to official data, inflation based on wholesale prices remained negative at 0.58 percent in July, though food prices rose during this period. WPI inflation was negative at 1.81 percent in June. The dollar index, showing the position of the US dollar against six major currencies, was down 0.05 percent at 93.29. According to the stock market data, foreign institutional investors bought shares worth Rs 416.28 crore in the capital market on Thursday on a gross basis. Meanwhile, Brent crude futures fell 0.67 percent to USD 44.66 per barrel.

Such was the situation of veteran shares

Talking about the big stocks, today Sun Pharma, JSW Steel, Coal India, Cipla, NTPC, Shree Cement, Titan, Tata Steel, Infosys, and Adani Ports closed on the green mark. The shares of Tata Motors, M&M, Axis Bank, Bajaj Finance, SBI, ITC, HDFC Bank, HCL Tech, and IOC closed at the red mark.

Monitoring of sectoral index

If we look at the sectoral index, all sectors except pharma and metal closed on the red mark. These include banks, finance services, PSU banks, private banks, IT, auto, media, realty, and FMCG.

The market was open on the green mark

Today the stock market started on the green mark. The Sensex opened at a level of 38421.46, up 110.97 points, or 0.29 percent. At the same time, the Nifty opened at 11335.30 with an increase of 0.31 percent or 34.85 points.

The market was closed on the last trading day

The stock market closed down on the previous trading day. The Sensex was down 0.15 percent at 59.14 points to close at 38310.49 and the Nifty was down 0.07 percent to 7.95 points at 11300.45.