Sensex closed down 375 points at 82,259: Nifty slipped 101 points; IT-banking stocks fell

Today, on Thursday, July 17, the fourth trading day of the week, the Sensex is trading 200 points down at 82,450. Nifty is also down 60 points, it is trading above 25,160.

Mumbai, July 17:

On Thursday (17 July), the fourth trading day of the week, the Sensex fell 375 points to close at 82,259. Nifty also fell by 101 points and came down to 25,111.

Out of the 30 Sensex stocks, 22 stocks declined. Shares of Tech Mahindra, Infosys and HCL Tech closed down by 2.70%. Whereas, shares of Tata Steel, Trent and Tata Motors rose by 1.70%.

Out of 50 Nifty stocks, 31 stocks closed lower. NSE’s IT index fell the most by 1.39%, media and banking stocks also declined. Realty, metal and pharma stocks closed higher today.

Source: BSE

Mixed business in global market

  • In Asian markets, Japan’s Nikkei rose 0.60% to 39,901 and Korea’s Kospi closed 0.19% higher at 3,192.
  • Hong Kong’s Hang Seng index was down 0.077% at 24,499 and China’s Shanghai Composite was up 0.37% at 3,517.
  • On July 16, America’s Dow Jones closed 0.53% higher at 44,255. Meanwhile, the Nasdaq Composite closed 0.25% higher at 20,730 and the S&P 500 closed 0.32% higher at 6,264.

Foreign investors sold shares worth ₹1,858 crore on July 16

  • On July 16, foreign investors (FIIs) sold shares worth Rs 1,858.15 crore in the cash segment. At the same time, domestic investors (DIIs) made net purchases of Rs 1,223.55 crore. 
  • So far in the month of July, foreign investors have sold shares worth Rs 13,636.18 crore. Meanwhile, domestic investors have made net purchases worth Rs 16,969.24 crore during this period. 
  • In the month of June, net purchases by foreign investors stood at Rs 7,488.98 crore. At the same time, domestic investors also made net purchases worth Rs 72,673.91 crore in the month.

Yesterday the market closed up by 317 points

On the second trading day of the week today, i.e. Tuesday, July 15, the Sensex closed at 82,571, up 317 points. Nifty also rose by 114 points, closing at 25,196.

Out of the 30 Sensex stocks, 22 stocks rose. Shares of Sun Pharma, Tata Motors and BEL rose by about 2%. Whereas, out of the 50 Nifty stocks, 35 stocks closed higher.

All sectors on NSE also saw growth. Auto sector saw the highest growth of 1.5%. Realty, government banking and IT index saw growth of about 1%.