Today i.e. 21st October, after the initial rise in the stock market, a decline is now seen. The Sensex is trading at 80,800, down around 400 points. At the same time, the Nifty is down nearly 150 points, trading at 24,700.
Earlier today, the Sensex opened at 81,770 with a gain of 546 points. Today, banking and auto shares are witnessing a steep decline. Kotak Bank is down 5% and IndusInd Bank is down over 2%.
Asian markets saw a surge today
- In Asian markets, Japan's Nikkei rose 0.33%. Korea's Kospi is trading up 0.76% and China's Shanghai Composite is trading up 0.62%.
- On October 18, America's Dow Jones closed up 0.08% at 43,275 and the Nasdaq closed up 0.63% at 18,489. The S&P 500 rose 0.40% to 5,864.
- Foreign investors (FIIs) sold shares worth ₹5,485 crore on October 18, according to NSE data. During this period, domestic investors (DIIs) bought shares worth ₹5,214 crore.
2 IPOs will open from today
From today i.e. 21st October 2 IPO Initial Public Offers i.e. IPO will open. The IPO will be of Deepak Builders and Engineers India Limited and Wari Energy Limited Company. Investors can bid for this issue till October 23. The company's shares will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on October 28.
On Friday, the market was bullish
Before this, on Friday i.e. October 18, a rise was seen in the stock market. The Sensex rose 218 points to close at 81,224. The Nifty also saw a jump of 104 points, closing at 24,854.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).
