Yesterday, Friday, January 3, the last day of the trading week, profit booking was seen in the market. Due to this, Sensex and Nifty closed with a decline. According to NSE’s provisional data, on January 3, domestic institutional investors (DIIs) bought shares worth Rs 821 crore. On the other hand, foreign institutional investors (FIIs) sold shares worth Rs 4,227 crore. Trading session During 2017, DIIs bought shares worth Rs 10,813 crore and sold shares worth Rs 13,512 crore. Sold equity worth Rs 15,040 crore and bought shares worth Rs 10,813 crore.
At market close, the Sensex closed at 79,223.11, down 720.60 points or 0.90 per cent. Nifty closed at 24,004.75, down 183.90 points or 0.76 per cent.
Major stocks that declined in Nifty included shares of Wipro, ICICI Bank, HDFC Bank, Tech Mahindra and Adani Ports. Whereas the rising stocks included shares of ONGC, Tata Motors, SBI Life Insurance, Titan Company and HUL.
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Factors affecting the market
Joseph Thomas of Emkay Wealth Management According to this, the market remained volatile throughout the week. Many factors are at work in the market. “The trajectory of official interest rates, Trump’s second term in office, uncertainty about the possible direction of ongoing regional conflicts in some areas of the world, etc. have been consequential factors for market participants. Domestic equity markets are witnessing a slowdown in economic growth, manufacturing It has come down due to slowdown in the sector, lack of liquidity in the interbank market and sharp decline in the Indian rupee against the US dollar. He said that these factors will affect the market in the coming weeks also. Will continue to influence the direction.
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