A decline was seen in the stock market today i.e. on the day of Diwali on 31st October. The Sensex closed down 553 points at 79,389. At the same time Nifty also fell by 135 points to close at 24,205.
Out of 30 Sensex stocks, 22 declined and 8 gained. Out of 50 stocks in Nifty, 34 stocks declined and 16 stocks advanced.
The IT sector saw the biggest drop of 3 percent The IT sector witnessed the highest decline of 3%. Bank, Auto, Financial Services, FMCG, Metal, PSU Bank, Private Bank and Realty sectors also saw decline. While 1.82% growth was seen in media sector and 1.61% growth in pharma sector.
Mixed business in the Asian market
- In Asian markets, Japan's Nikkei fell 0.50% and Korea's Kospi fell 1.45%. At the same time, China's Shanghai Composite rose 0.42% to close at 3,279.82.
- On October 30, America's Dow Jones fell 0.22% to 42,141 and the S&P 500 closed down 0.33% to 5,813.67. The Nasdaq fell 0.56% to 18,607.
- Foreign investors (FIIs) sold shares worth ₹19,522 crore on October 30, according to NSE data. Domestic investors (DIIs) bought shares worth ₹13,594 crore during the period.
Yesterday the market saw a dip on Chhoti Diwali On the day of Chhoti Diwali yesterday i.e. Wednesday (October 29), the Sensex fell 426 points to close at 79,942. At the same time, the Nifty closed down 126 points at 24,340.
19 out of 30 Sensex stocks were down and 11 were up after the day's trade. Out of 50 Nifty stocks, 31 declined and 19 advanced.
Financial services and pharma stocks were the biggest losers in NSE's sectoral index. Financial services shares fell 1.45%. While the share of Pharma was reported to decrease by 1%.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).
