| Mumbai – Indian Stock Market fell today with benchmark Sensex declining 297.07 points while Nifty declined 81.85 points resulting from weak trends in Asian and European markets and fresh foreign fund outflows. The 30 stocks BSE closed the day at 82,029.98 while NSE closes at 25,145.50. Bajaj Finance, Bharat Electronics, Tata Steel, Tata Consultancy Services, NTPC, Trent, Asian Paints and Axis Bank were the major laggards. However, Tech Mahindra, ICICI Bank, Power Grid, Hindustan Unilever and Reliance Industries were among the gainers. According to exchange data, Foreign Institutional Investors (FIIs) offloaded equities worth Rs 240.10 crore on Monday. Renewed trade tensions between Washington and Beijing reignited risk aversion, prompting a shift toward safe-haven assets such as gold and US Treasury bonds, while equities came under pressure on concerns of escalating global trade uncertainty. Indian Stock Market was down by 0.2% yesterday. |
Indian Stock Market dip by 0.3% on second day
