Sensex down 348 points to end at 58351, down 214 points
Mumbai: Despite escalating tensions between the US and China over Taiwan, the prospect of a Chinese attack on Taiwan has heightened geopolitical tensions, with foreign portfolio investors hoping to benefit India in the event of further US sanctions on China. took the opportunity to reduce. For the second consecutive day in the Indian stock markets today. Of course, the Indian:PIO fell by 45 paise to 79.16 against the US dollar today, the Sensex fell 347.58 points to a low of 57,788.78, with IT-Software Services trading in Automobiles, Capital Goods, Pharmaceuticals and Funds. After huge sales by. Banking stock Sensex closed 214.17 points higher at 58,350.53 as funds bought stocks and cut selling in other stocks. While Nifty Spot initially fell 119.60 points to a low of 17225.85 and finally closed at 17388.15, down 42.70 points.
IT stocks rise by 45 paise in dollar
: PIA, technology stocks saw aggressive buying of funds today, with the US dollar rising by 45 paise against IT-software services. The BSE IT index closed 375.88 points higher at 29801.39. Reliance Jio’s 5G contract with Subex increased by Rs 5.55 to Rs 33.30. Tata Alexi rose by Rs 207.40 to Rs 8838.45, L&T Infotech by Rs 106.35 to Rs 4796.90, Tech Mahindra by Rs 20.35 to Rs 1052.85, Amphez by Rs 40.50 to Rs 2319.95, TCS by Rs 49.55 to Rs 3339.60, Infosys by Rs 22.25 to Rs 1565.15.
Rally breaks in Taiwan impact auto stocks
As tensions between the US and China escalated over the Taiwan issue, with China immediately banning sand exports to Taiwan, the automobile industry may again face a shortage of chips in the coming days. Bosch declined by Rs 527.55 to Rs 17,296.50, Minda Industries declined by Rs 12.45 to Rs 530.95, Maruti Suzuki declined by Rs 210.30 to Rs 8956.70, Tata Motors declined by Rs 8.35 to Rs 467.70, Balkrishna Industries declined by Rs. Closed. Rs.50 to Rs.2388.90.
DII net sales of Rs 518 crore
Foreign Portfolio Investors-FPIs, Foreign Institutional Investors-FIIs made a net purchase of shares worth Rs 765.17 crore in the cash segment today-Wednesday. The total sales were Rs.9383.41 crore against the total purchase of Rs.10,148.58 crore. Whereas DII-Domestic Institutional Investors posted a net sale of Rs 518.42 crore in the cash segment today. Total sales were Rs 6383.79 crore as against total purchase of Rs 5865.37 crore.