Stock market today: While the Indian stock market showed pressure for selling on Thursday, the last businessman of the week on Friday was also weak. Shortly after the early trade, BSE fell to 81895, while the Nifty fell 110 points to trade at 24952.
Gradually, this decline started gaining momentum and now the Sensex has fallen by 593 points to 81590, while the Nifty is trading at 24860 by slipping 201 points. Today, Bajaj Finance and Bajaj Finserv were shared in the top loses of the Sensex. Where on one hand, Bajaj Finance shares recorded a decline of more than 5 percent. At the same time, there was a decline of 4.31 % in Bajaj Finserv.
At 8:40 am, the gift Nifty Futures were also trading at 24,964 with a fall of 131 points, indicating gap-down opening in both Sensex and Nifty.
Global market fluctuations
On Thursday, Asian markets also declined. Japan’s Nikkei 225 recorded a decline of 0.55 percent and the topics index by 0.73 percent. Australia’s ASX 200 also fell to 0.51 percent, while South Korea’s Kospi remained stable.
Meanwhile, the US stock market saw an increase. S&P 500 and Nasdaq composites reached the new all time high level. The S&P 500 rose at 6,363.35 with a gain of 0.07 % and Nasdaq jumped 0.18 per cent at 21,057.96. However, Dow Jones Industrial Average fell at 316.38 points or 0.7 percent to close at 44,693.91.
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