The benchmark BSE Sensex dropped by 271 points on Monday, marking the second straight day of damage due to selling in IT shares and a weak trend in global markets after the US downgrade rating by Moody’s rating.
The 30-Sare BSE Barometer declined by 271.17 points or 0.33 percent, settling at 82,059.42. During the day, it fell 366.02 points or 0.44 percent to 81,964.57.
NSE Nifty 74.35 points or 0.30 percent to 24,945.45 drowned.
Between Sensex firms, infinite, infosys, Tata counseling servicesTech Mahindra, Reliance Industries, Asian Paints, HCL Tech and Adani Ports were Legords.
power grid, Bajaj financeNTPC, State Bank of India and IndusInd Bank were among the beneficiaries.
Mehta Equities Limited, Senior VP (Research), Prashant Taps, Prashant Taps, Prashant Taps, Prashant Taps said, “Investors resorted to IT, Capital Goods and Oil and Gas Share, resulting in the market weak Asian and European indices in the negative area for the major part of the trading session.
In the Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index and Hong Kong’s Hong Seng settled, while Shanghai’s SSE Composite index ended more.
European markets were doing less business. The US markets ended in a positive field on Friday.
Global Oil Benchmark Brent crude was drowned 0.41 percent, which is 65.14 per barrel.
Foreign institutional investors (FII) bought equity worth equity According to exchange data, 8,831.05 crores on Friday.
On Friday, Sensex There was a decline of 200.15 points or 0.24 percent to be organized at 82,330.59. Smell 42.30 points or 0.17 percent fell to 25,019.80.