By Admin 
Share Market Updates: There was a decline in the Indian stock market today on Friday. Both benchmark equity indices Nifty 50 and Sensex opened on a cautious note. Due to selling and profit booking by foreign investors, investors were seen on alert mode. At 9:20 am, Sensex opened 29.58 points or 0.04 percent lower at 84,374.88 and Nifty opened 25.85 points or 0.10 percent lower at 25,852.00. During this period, rise in about 1403 shares was seen and decline in 992 shares. Whereas there was no change in 147 shares.
In which sectors was the growth seen?
In early trading on October 31, a mixed trend was seen in all sectoral indices. Buying was seen in Nifty FMCG (up 0.34 per cent), Consumer Durables (up 0.22 per cent), Auto (up 0.21 per cent) and Oil & Gas (up 0.09 per cent), while IT, Media and PSU Bank indices also registered marginal gains. On the other hand, there was selling pressure in Healthcare (0.22 percent fall), Metal (0.11 percent fall) and Realty (0.09 percent fall) stocks.
In fact, on Thursday, an agreement was signed between US President Donald Trump and Chinese President Xi Jinping in South Korea on Rare Earths and Critical Minerals for only one year. This disappointed investors to some extent. However, the reduction in tariff on import of Chinese goods from 57 percent to 47 percent has also brought relief to investors as it has reduced trade related tension.
What is the condition of global markets?
A decline was also recorded in the American stock market on Thursday. The Nasdaq Composite closed at 23,581.14, down 377.33 points or 1.57 percent. At the same time, the S&P 500 fell 68.25 points or 0.99 percent to 6,822.34. The Dow Jones Industrial Average fell 109.88 points or 0.23 percent to 47,522.12.
However, during this period a rise was seen in Asian markets. Amid the meeting between Trump and Jinping, Japan’s Nikkei rose by more than 1 percent and reached a new record level. Similarly, Topix also touched a new peak by jumping 0.79 percent. South Korea’s Kospi fell by 0.19 percent after touching a record high in the previous session, while Kosdaq rose by 0.47 percent. Australia’s ASX 200 opened with a gain of 0.45 percent.
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