Flat trading was seen in the stock market today i.e. 11th July. The Sensex closed down 27 points at 79,897.
Also, the Nifty also fell 8 points to close at 24,315. Out of 30 Sensex stocks, 16 rose and 14 fell. Banking and energy stocks were further down. Earlier yesterday i.e. on July 10, the stock market was at all time.
The oil and gas sector was the highest gainer at 1.10%
Talking about NSE’s sectoral index, Oil & Gas saw maximum gain of 1.10%. Also, Nifty Media rose 1.03%, FMCG 0.28% and PSU Bank 0.17%. Whereas, decline was seen in healthcare, realty, pharma and auto sectors.
Asian markets are bullish today
• HDFC Bank, ICICI Bank and Larsen & Toubro led the market. HDFC Bank was the biggest contributor to the market decline at 29.97 points. Also, ITC, SBI and Tata Motors increased the market.
• Asian markets are bullish today. Japan’s Nikkei rose 0.94%. Also, Hong Kong’s Hang Seng is up by 2.06%. Along with this, the Shanghai Composite was up 1.06%.
• Foreign Institutional Investors (FIIs) bought shares worth ₹583.96 crore on Wednesday (July 10). Meanwhile, domestic institutional investors (DII) bought shares worth ₹1,082.40 crore.
• The American market witnessed mixed business on Wednesday. The Dow Jones Industrial Average rose 429.39 (1.09%) points to close at 39,721. While the NASDAQ rose 218.16 (1.18%) points to close at 18,647.
Yesterday the market was at an all time high
Yesterday i.e. on July 10, the stock market was at an all-time high. During trading, the Sensex hit an all-time high of 80,481 and the Nifty hit an all-time high of 24,459. However, the Sensex ended the day’s trade down 426 points at 79,924.
The Nifty also closed down 108 points at 24,324. Out of 30 Sensex stocks, 21 declined and 9 gained.