Suspense Crime Sach Ka Dam
The magic of the spectacular victory of the newly elected US President Donald Trump on the domestic stock market seemed to end on the second day itself. Weakness was seen all around in the market. Everyone’s eyes are now on the decision of the Federal Reserve. Due to this, investors have been cautious today. The benchmark Sensex of the Bombay Stock Exchange closed at a level of 79,541.79 with a sharp decline of 836.34 points. Similarly, the Nifty of the National Stock Exchange also closed at a level of 24,199.35 with a decline of 284.7 points. During today’s trading, Hindalco Industries, Trent, Shriram Finance, Tech Mahindra, and Grasim Industries were among the biggest losers on the Nifty, while Apollo Hospitals, HDFC Life, SBI, TCS, and L&T were among the biggest gainers.
25 basis points cut expected
With inflation easing and the labor market softening, the Fed is expected to cut interest rates again on Thursday, this time by 25 basis points. However, experts also say that the main focus is on the possibility that after Donald Trump’s return to the White House, he may try to exert significant influence on the policy decisions of central banks.
All sectoral indices are closed in red.
According to the news, all sectoral indices closed in the red with auto, metal, power, telecom, pharma, and realty falling by 1-2 percent. BSE midcap and smallcap indices fell by 0.5-0.5 percent. At 3 pm on Thursday, 1,834 stocks rose on the BSE, while 2,079 stocks declined and 121 remained unchanged. A total of 4,034 stocks were traded. The number of stocks registering a 52-week high was 240, and the number of stocks registering a 52-week low was 13. A total of 350 stocks traded in the upper circuit and 198 in the lower circuit.
