Mumbai: The Sensex declined 233.98 points to 81,967.18 in early trade on September 6, 2024, i.e., Friday. The NSE Nifty dropped 60 points to 25,085.10. The benchmark equity indices dropped due to weak trend in global markets as foreign investors pulled out money.
30 Sensex pack laggards: Titan, Reliance Industries, NTPC, UltraTech Cement, State Bank of India (SBI), ICICI Bank. gainers included, IndusInd Bank, Hindustan Unilever, Asian Paints Bajaj Finance, and Bajaj Finserv.
According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 688.69 crore on September 5, 2024.
With benchmark indices declining, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said the domestic market is getting influence by the uS jobs data that is to be released on September 6 night.
“The near-term trend in the market will be influenced by the US jobs data to be published tonight,” said Vijayakumar.
Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, also said that the market investors are keenly awaiting the August US jobs report to be released today.
World Markets
Asian markets: Shanghai, Hong Kong, Seoul, Tokyo traded lower. The US markets ended mostly in the negative territory on Thursday.
The BSE, which had opened in Green on September 5, pared the early gains gains and settled lower at 82,201.16. The NSE Nifty closed 53.60 points lower at 25,145.10. The broader index had started on a positive note at the beginning of the trade.
Stock Market today: The Sensex declined 233.98 points in early trade on on September 6, 2024. The NSE Nifty dropped 60 points to 25,085.10. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
