Business

Share Market Fluctuate after Disinvestment, Sensex Roll Down 500 Points

Monali Gupta

Friday started well for the Indian stock market, but in a few minutes, there was an atmosphere of pressure in the market. Because of the sell-off, the Sensex broke in the last hour of the business, but the Nifty was slipping more than 150 points. At 1.30 pm, the Sensex was at 38,400, while the Nifty fell to 11,440. At the end of the trading, the Sensex dropped 560 points to end at 38,337.01. At the same time, the Nifty also dropped 178 points to level at 11,419.25.

Earlier, in the beginning of the business, the Sensex crossing 39 thousand crossed 15 points in half an hour. Sensex trading below 38,900. Similarly, if you talk about the Nifty, then it has come to level 11 thousand 590.

Let us know that on Thursday the break in the domestic stock market was three days after the break. Under heavy pressure of the sell-off, the Sensex plunged 318 points to close at 38,897, while the Nifty also fell nearly 91 points, at 11, 597 level. During this period, the indices of auto and metal sectors have declined by more than two percent.

On the last trading day of the week, Yes Bank's stock was down again on Friday. In the initial business, Yes Bank's shares broke 1 percent. Earlier on Thursday, there was a huge decline of 15 percent in Yes Bank. The stock has dropped to 83.70, which is 5 years old. However, after the close of the stock market, YES Bank dropped 12.85 percent to 85.80. Explain that the shares of the company are broken due to the bad quarter results of this bank.

Meanwhile, the rupee began on Friday with the strength of the rupee. It is 17 paise stronger than the dollar and open at the level of 68.78. Earlier on Thursday, the rupee closed at Rs 68.95 with a loss of 14 paise against the dollar.

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