The domestic stock market closed for the fourth consecutive day. In Friday's trade, all the sectors including bank, auto and IT were sold. The Sensex closed 316 points down at 32,832 points under pressure of all-round sale. The Nifty was down 105 points and closed at 10,122 points. 1.43 lakh crore rupees of investors lost in today's business.
In the first seven months of FY 2018, the fiscal deficit target of 96% has affected investors' sentiments. Due to which sales were seen in the business. In the last hour of the business, the decline in the market by selling heavyweights in SBI, HUL, Infosys, Reliance Industries, HDFC, ONGC, TCS and ITC deepened. In the mid-caps and smallcap stocks,sales were also seen.
Reasons for a fall in the market ...
Jagdish Thakkar, Director of Fortune Fiscal, says that on Thursday, the Fiscal Deficit data has raised the concern of foreign investors. Fiscal Deficit target has reached 96% in the first 7 months of financial year 2017-18. Fiscal deficit has been estimated at 5.2 lakh crore, while in the budget, the government had estimated a fiscal deficit of Rs 5.46 lakh crore for the entire financial year. -
The possibility of interest rate cuts by the RBI has decreased between the prices of crude oil prices increasing rapidly This has affected investors' sentiments Besides, there is pressure on the market with heavyweight stocks SBI, Infosys, HUL, Reliance Industries, HDFC, ITC, ONGC, HDFC Bank. On the other hand, selling in PSU Bank, IT, Metal, Pharma, Oil & Gas and Power shares has taken effect. In small and medium stocks with largecap, heavy pressure is also made.
42 stocks down on Nifty -
The fall in 42 shares on Nifty 50 in Friday's trade. 8 shares closed at the same time The fastest growth in the Ambuja Cement is 0.63 percent. Apart from this, Kotak Mahindra Bank, Bharti Infratel, NTPC, Maruti, M & M, UPL and YES Bank increased 0.57-0.05 per cent. In falling shares, Tech Mahindra, Indiabulls Housing Finance, Adani Ports, Vedanta, GAIL, Bajaj Auto, Arvindo Pharma, SBI, Hero MotoCorp, Hindalco, Sun Pharma, Dr Reddy's, HUL and Bosch fell to 4.03-2.13 per cent.
In the first seven months of FY 2018, the fiscal deficit target of 96% has affected investors' sentiments. Due to which sales were seen in the business. In the last hour of the business, the decline in the market by selling heavyweights in SBI, HUL, Infosys, Reliance Industries, HDFC, ONGC, TCS and ITC deepened. In the mid-caps and smallcap stocks,sales were also seen.
Reasons for a fall in the market ...
Jagdish Thakkar, Director of Fortune Fiscal, says that on Thursday, the Fiscal Deficit data has raised the concern of foreign investors. Fiscal Deficit target has reached 96% in the first 7 months of financial year 2017-18. Fiscal deficit has been estimated at 5.2 lakh crore, while in the budget, the government had estimated a fiscal deficit of Rs 5.46 lakh crore for the entire financial year. -
The possibility of interest rate cuts by the RBI has decreased between the prices of crude oil prices increasing rapidly This has affected investors' sentiments Besides, there is pressure on the market with heavyweight stocks SBI, Infosys, HUL, Reliance Industries, HDFC, ITC, ONGC, HDFC Bank. On the other hand, selling in PSU Bank, IT, Metal, Pharma, Oil & Gas and Power shares has taken effect. In small and medium stocks with largecap, heavy pressure is also made.
42 stocks down on Nifty -
The fall in 42 shares on Nifty 50 in Friday's trade. 8 shares closed at the same time The fastest growth in the Ambuja Cement is 0.63 percent. Apart from this, Kotak Mahindra Bank, Bharti Infratel, NTPC, Maruti, M & M, UPL and YES Bank increased 0.57-0.05 per cent. In falling shares, Tech Mahindra, Indiabulls Housing Finance, Adani Ports, Vedanta, GAIL, Bajaj Auto, Arvindo Pharma, SBI, Hero MotoCorp, Hindalco, Sun Pharma, Dr Reddy's, HUL and Bosch fell to 4.03-2.13 per cent.
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