Today, after the day's ups and downs, the last trading day of the week i.e. on Friday, the stock market closed down. The Bombay Stock Exchange's flagship index Sensex lost 0.34 percent to settle down 135.78 points at 39614.07. At the same time, the National Stock Exchange's Nifty lost 0.24 percent (28.40 points) to close at 11642.40.
According to analysts, further market volatility will continue. Hence investors should be cautious. The stock market data showed that Foreign Portfolio Investors (FPIs) made net sales of shares worth Rs 420.95 crore on Thursday.
Money market closed
The interbank currency market remained closed today on the occasion of Eid-e-Milad. On this occasion, the foreign exchange market was not traded due to the holiday. The market will be in normal business from Monday.
The market was affected by these factors
Actually, the outbreak of coronavirus epidemic is increasing in the world. In America, Russia, France, and other countries of Europe, the virus has started spreading rapidly. Therefore, new countries have also imposed new restrictions. Apart from this, the US has been cautious about investing in the investor market since the presidential election on November 3. US President Donald Trump said the stimulus package would be released after the election. This is because the dialogue between the Republican Party and the Democrats could not get in the right direction. All of these factors affected the market.
Such was the situation of veteran shares
Talking about the big stocks, today shares of Adani Ports, BPCL, Coal India, NTPC, and Sun Pharma closed on the green mark. Bharti Airtel, Hero MotoCorp, Maruti, Eicher Motors, and Bajaj Finance closed at the red mark.
Monitoring of sectoral index
If we look at the sectoral index, today IT, pharma, media, metal, and realty closed on the green mark. PSU banks, banks, private banks, FMCG, auto and finance services closed on the red mark.
The market was open on the decline
Today the Sensex was down 50.71 points (0.13 percent) to open at the level of 39699.14. At the same time, the Nifty started at 11662.90 with a slight drop of 7.90 points (0.07 percent). The market continued to fluctuate throughout the day.
The market was closed on the red mark on the last trading day
The stock market closed on the previous trading day after a day of fluctuations. The Sensex was down 172.61 points to close at 39749.85, down 0.43 percent and the Nifty was down 0.50 percent (58.80 points) to end at 11670.80.