Markets end lower; Sensex slips 322 points, Nifty settles at 26,250
At close, the Sensex was down 322.39 points or 0.38% at 85,439.62, and the Nifty was down 78.25 points or 0.30% at 26,250.30.
At close, the Sensex was down 322.39 points or 0.38% at 85,439.62, and the Nifty was down 78.25 points or 0.30% at 26,250.30.
So far in May, the foreign investors continue to show confidence in the equity market, infusing Rs 14,167 crore.
Despite muted equity market performance during the month of December, inflows in open-ended equity funds stayed in the positive zone for the 46th month in a row, industry experts said on Thursday.
GIFT Nifty recorded all-time high monthly turnover of $100.13 billion in August, setting a new benchmark to the growth story of Indian equity market.
In FY2024, the Indian equity market witnessed a phenomenal performance as benchmark indices soared to unprecedented all-time highs
Sensex closed down 1.01% at 72,012.05, and the Nifty was down 1.08% at 21,817.50.
Mahurat Trading, ended Samvat 2076 with 192.14 points or 0.49 per cent higher at 39,250.20.
As many as 30 stocks advanced in the Nifty 50 index while 20 stocks declined. In BSE Sensex, 13 stocks including Coal India, TCS were trading in red while 17 stocks including Yes Bank, Maruti were trading in green at 9.21 a.m.
"The market slid on profit booking despite an initial extension in yesterday's rally as investors remained watchful on global trade and liquidity squeeze by FIIs," said Vinod Nair, Head of Research, Geojit Financial Services.
The US dollar fell against major global currencies as investors turned their focus to safe-haven currencies amid renewed worries over US-China trade tensions and global economic growth.
