Sensex, Nifty decline after hitting fresh record high levels in opening trade

Sensex, Nifty decline after hitting fresh record high levels in opening trade



Brokers watch the market commerce. File picture
| Picture Credit score: ANI

Fairness benchmark indices hit their new document excessive ranges in early commerce on Friday, July 19, 2024, however failed to carry on to the positive aspects and have been later buying and selling decrease monitoring weak tendencies from international markets.

The 30-share BSE Sensex hit its new all-time excessive of 81,587.76 within the preliminary commerce however failed to hold ahead the profitable momentum and declined 166.93 factors to 81,176.53.

The NSE Nifty additionally dropped 73.1 factors to 24,727.75 after hitting its contemporary document peak of 24,854.80 throughout the opening bell.

Among the many Sensex pack, Tech Mahindra, UltraTech Cement, Tata Metal, JSW Metal, Solar Pharma and Energy Grid have been the largest laggards.

Infosys climbed almost 3 per cent after the IT main reported a 7 per cent rise in consolidated internet revenue at Rs 6,368 crore within the April-June quarter and raised its progress outlook for the present monetary 12 months, signalling an enchancment within the IT section.

Asian Paints, ITC, Nestle and Adani Ports have been the opposite gainers.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong have been quoting decrease.

The US markets led to unfavourable territory on Thursday.

International oil benchmark Brent crude declined 0.41 per cent to USD 84.76 a barrel.

Overseas Institutional Traders (FIIs) purchased equities value ₹5,483.63 crore on Thursday, in response to trade information.

The BSE benchmark Sensex jumped 626.91 factors or 0.78 per cent to settle at a contemporary closing excessive of 81,343.46 on Thursday.

The broader Nifty climbed 187.85 factors or 0.76 per cent to settle at an all-time closing excessive of 24,800.85.





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