After a stormy rise on Wednesday, the Indian stock market fell sharply on Thursday (7 November). The Indian stock market traded in the red mark throughout the day. At the end of the trading, the Sensex fell by 836 points to close at 79,541 and the Nifty fell by 284 points to close at 24,199.
During the trading, the Sensex fell by more than 800 points to the level of 79,562 while the Nifty fell by 268 points and was at the level of 24,215.
Out of the 30 Sensex stocks, 29 are down and 1 is up. Out of the 50 Nifty stocks, 47 are down and 3 are up. All sectors of NSE including banking and auto are trading with a decline.
Mixed business for Asian markets
In the Asian market, Japan’s Nikkei is down by 0.40%. Whereas Korea’s Kospi is trading with a gain of 0.18% and China’s Shanghai Composite is trading with a gain of 0.79%.
On November 6, the US Dow Jones closed up 3.57% at 43,729 and the S&P 500 closed up 2.53% at 5,929. The Nasdaq closed up 2.95% at 18,983.
According to NSE data, foreign investors (FIIs) sold shares worth ₹4,445.59 crore on November 6. During this period, domestic investors (DIIs) bought shares worth ₹4,889.33 crore.
The market was booming yesterday
Earlier yesterday, on November 6, the Sensex closed at 80,378 with a gain of 901 points (1.13%). Nifty also rose by 270 points (1.12%) and closed at 24,484. At the same time, BSE Smallcap closed at 56,008 with a gain of 1,077 points (1.96%).
