The effect of the fall in the international stock market is also being seen on the Indian stock market. Most of the indexes are outperforming.
The Indian stock market was also affected due to the fall of 0.59 percent in SGX Nifty on the Singapore Exchange. On Thursday, the Sensex and Nifty started with a fall. The Sensex was down 0.57 per cent, or 297.38 points, at 52,204.60 and the Nifty was down 88.10 points at 15,679.45 points. Today, giants like Reliance, Wipro, ICICI Bank, L&T Infotech, Power Grid, HPCL and Natco Pharma will be watching.
Earlier the day the S&P BSE Sensex was trading flat around 52,330 with a fall of 160 points. The index had fallen to 52,100 in intra-day deals. Meanwhile, the Nifty 50 index was trading around 15,750 points.
According to today’s market update, a mixed trend can be seen in the Asian market. Most of the stocks are seeing a decline. Japan’s Nikkei 225 declined 1.29 percent, Singapore’s Strait Times 0.33 percent, Taiwan Weighted 0.49 percent, South Korea’s Kospi 0.55 percent, Hong Kong’s Hang Seng fell 0.15 percent. However, the Shanghai Composite is up 0.17 per cent.
On June 16, NASDAQ closed at 14,039.68 with a gain of 0.24 percent in the US market. European markets also closed with gains. The FTCE related to the London Stock Exchange closed with a gain of 0.17 per cent and the CAC of France 0.20 per cent. Although Germany’s DAX closed with a fall of 0.12 percent. On June 16, the Indian benchmark index also traded lower. The index had fallen to 52,100 in intra-day deals. Among the broader markets, the S&P BSE Midcap index was down 0.2 per cent while the Smallcap index was up 0.5 per cent.
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