Suspense Crime Sach Ka Dam
A big decline has been seen in the domestic stock market. In the initial phase, both the indexes Sensex and Nifty were trading in the red. As the day progressed, selling started increasing in the market. In the afternoon session, the Sensex was seen trading with a decline of about 1000 points and Nifty 300 points. Due to this decline, the Sensex fell to 79,292 points and the Nifty to 24,021 points. Analysts fear increased volatility in individual stocks due to derivative contract settlements.
There was a stir in these stocks.s
Talking about sectors, at the beginning of today’s trade, Realty, FMCGand, Media saw a gain of 1-1 percent, while the IT index fell by 1 percent. Adani Enterprises, HDFC Life, Adani Ports, HUL, and Coal India were the major gainers on Nifty, while Eicher Motors, M&M, Infosys, Cipla, and Trent declined. The BSE Midcap index is trading in the green.
These stocks saw gains.
HDFC Bank stock hit a 52-week high of ₹1,833.80 on NSE in early trade on Thursday. NTPC Green Energy stock hit a new high of ₹124.82 on NSE today. SBI shares rose 1.24% to ₹844.45. Similarly, Godrej Properties stock rose 1.13% to ₹2,866 after launching a QIP to raise ₹6,000 crore.
Today’s Asian market situation
Asian stocks were soft on Thursday. Traders are hesitant to place major bets as the US Thanksgiving holiday is likely to keep trading subdued for the rest of the week. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.07% lower, while Japan’s Nikkei was up 0.46%.
Sentiment remained weak as investors worried about the possibility of a tariff war being sparked by US President-elect Donald Trump’s policies. A lack of success in getting inflation back to the Fed’s 2% target, as well as the possibility of higher tariffs on imported goods, could reduce the scope for interest rate cuts next year.
