The stock market is witnessing a decline today i.e. on 25 September. The Sensex is trading at the level of 84,800 with a decline of about 100 points. At the same time, there is a decline of about 50 points in the Nifty, it is trading at the level of 25,900.
There is a decline in IT, banking and FMCG stocks. Whereas metal and energy stocks are witnessing a rise. Earlier yesterday, i.e. on 24 September, the stock market had made its all-time high for the fourth consecutive trading day.
Asian markets rise today
- Most Asian markets are bullish today. China's Shanghai Composite Index is up 1.65% and Korea's Kospi is down 0.089%. Hong Kong's Hang Seng Index is up 1.82%.
- On September 24, the Dow Jones of the US market rose 0.20% to close at 42,208. The Nasdaq rose 0.56% to 18,074 and the S&P 500 rose 0.25% to close at 5,732.
- According to NSE data, foreign investors (FIIs) sold shares worth Rs 2,784.14 crore on September 24. During this period, domestic investors (DIIs) bought shares worth Rs 3,868.31 crore.
KRN Heat Exchanger & Refrigeration IPO is opening from today
The Initial Public Offering (IPO) of KRN Heat Exchanger and Refrigeration Limited will open today. Investors will be able to bid for this IPO till 27 September. The company's shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on October 3. Read full news
Last day of Manba Finance IPO
Today is the last day of Manba Finance Limited's Initial Public Offering (IPO). The company's shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on September 30. This IPO opened on September 23.
Yesterday the market made an all time high
Earlier yesterday, on September 24, the stock market made an all-time high for the fourth consecutive trading day. During trading, the Sensex touched 85,163 and the Nifty touched 26,011. However, after this the market came down and the Sensex closed at 84,914 with a decline of 14 points. At the same time, Nifty rose by only 1 point, it closed at 25,940.
Graphics Source: VaskarAssets
