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Share Market Highlights: Nifty under 19400, Bank Nifty tanks 400 pts, Sensex closes under 65250

shree1news by shree1news
August 3, 2023
in Business
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Share Market Close: Sensex sheds 172 pts; Nifty settles at 24,219; Nifty PSU Bank tumbles 1%
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Today’s Stock Market News | Sensex, Nifty, and Share Prices Highlights: The NSE Nifty 50 and BSE Sensex closed down on Thursday, maintaining their negative trend from the previous session. The Nifty 50 fell 145 points to 19,381, while the Sensex fell 0.82% to 65,240. As investors maintain a careful eye on global happenings, market mood tends to be bearish. Bank Nifty finished 1.07% lower, slightly above the 44,513 mark. Nifty Private Bank, Nifty Realty, and Nifty Financial Services were among the worst performers, while Nifty Pharma and Nifty Media increased by 0.91% and 1.04%, respectively. The Nifty 100, Nifty 200, and Nifty 500 closed lower in the broader markets, but the Nifty Midcap 100 and Nifty Smallcap 100 closed higher.

Wall Street overnight

Wall Street finished lower on Wednesday, with the S&P 500 and Nasdaq Composite down for a second straight day as investors took profits on five months of gains a day after rating agency Fitch cut the U.S. government’s credit rating, according to Reuters. S&P 500 declined 1.38%, the Nasdaq Composite crashed 2.17%, and the Dow Jones Industrial Average tumbled 0.98%.

Asian markets

Shares in the Asia-Pacific region were trading in the red on Thursday, extending the global rout. China’s Shanghai Composite and Shenzhen Component were down by 0.22% and 0.33% respectively. Japan’s Nikkei 225 tanked 1.32%. South Korea’s Kospi advanced 0.15% while Hong Kong’s Hang Seng fell 0.58%. The Taiwan Weighted index recorded a loss of 1.85%.

 

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