Mumbai3 minutes ago
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The stock market has a flat business on the last trading day of the week today i.e. on Friday (March 28). The Sensex is trading at 77,600 levels up about 20 points. The Nifty is also trading at 20 points at 23,600.
Sensex has a rise in 16 out of 30 shares. While Mahindra & Mahindra’s shares fall by 2.38%. The NSE has a rise in 26 out of 50 shares. There is a slight decline in auto, IT and pharma in sectoral indices, while media, metal and government banks are boom.
Global market declines, FII shopping continues …
- Asian markets have a decline of 2.09%in Nikkei, Japan, 0.78%in Hong Kong’s Hongseng index and 0.67%in China’s Shanghai Composite.
- On March 27, the US Dow Jones closed at 42,299 below 0.37%. Nasdaq Composite declined 0.53% and S&P 500 index by 0.33%.
- On March 27, Foreign Investors (FIIs) bought shares worth Rs 11,111.25 crore. At the same time, domestic investors (DIIs) also bought shares worth Rs 2,517.70 crore.
- In March, foreign investors bought net shares worth Rs 6,367 crore. At the same time, domestic investors shopped a net of Rs 29,939.19 crore during this period.
The stock market was boom on Thursday
Yesterday, on Thursday (March 27), the Sensex climbed 317 points to close at 77,606 levels. The Nifty rose by 105 points to close at 23,591 levels.
Bajaj Finserv, NTPC and IndusInd Bank were the top gainers of Sensex. These rose by about 3%. At the same time, Tata Motors, Sunforma and Hul declined. Tata Motors closed down 5.38%.
Nifty auto was the biggest decline of 1.04% in sectoral indices. While the government bank closed 2.50%, media 1.52% and realty sector 1.35%.
25% tariff of Trump on foreign cars in America
US President Donald Trump on Wednesday announced a 25% tariff on cars imported from abroad. Its effect is visible on India’s automobile sector. The stock of Jaguar and Landrover car selling company Tata Motors fell by 5.38% today.
