Due to weak global signals, the stock market may see a decline today i.e. on 4 September. A day earlier, i.e. on 3 September, Sensex and Nifty closed almost flat. Sensex is at 82,555 and Nifty at 25,279. A day earlier, i.e. on Tuesday, the US market Dow Jones Industrial Average closed down 626.15 points or 1.51% at 40,936. SP 500 slipped 2.12% to close at 5,528.93. Nasdaq Composite closed down 3.26% to 17,136.30. Nifty made a record of rising for 14 consecutive days. The Nifty index, launched in 1996, made a record of closing higher for 14 consecutive days on Tuesday. Earlier in 2007, Nifty had seen a rise for 11 consecutive days. Whereas, in January 2015 and April 2014 there was a continuous rise for 10 days. Both domestic and foreign investors bought shares worth Rs 2925 crore Both foreign and domestic investors bought shares worth Rs 2925 crore in the cash market on Tuesday. Foreign Institutional Investors (FIIs) bought shares worth Rs 1029 crore. During this period, Domestic Institutional Investors (DIIs) made purchases worth Rs 1896 crore. Sensex and Nifty closed flat on Tuesday A day before, i.e. on September 3, Nifty closed at 25,279 with a rise of 1 point. However, Sensex fell by 4 points. It closed at 82,555. This fall in Sensex was seen after 10 days of rise.
Graphics Source: VaskarAssets
Share market may see a decline today: Nifty rising for 14 consecutive days, US market closed down by 626 points
