Equity benchmark indices declined for the fourth consecutive day on Thursday amid sustained selling by overseas investors, geopolitical uncertainty and nervousness ahead of key results.
The Sensex rose 529 points but witnessed intense selling pressure a couple of hours before the close of trade. Concerns over the geopolitical tensions in West Asia and speculation about the delay in rate cuts by the Federal Reserve continued to weigh on sentiment.
The Sensex ended the session at 72,489, with a decline of 455 points, or 0.6 per cent. The Nifty 50 ended the session at 21,996, a decline of 152 points or 0.7 per cent. Both indices ended at their lowest level since March 26. The last time the two indices declined for four sessions in a row was on October 26 last year.
Foreign Portfolio Investments (FPIs) were net sellers on Thursday, selling 4,260 crore, while domestic institutions bought shares worth ₹2,285 crore. In the last four trading sessions, FPIs have yanked out ₹18,700 crore from the equities cash segment.
Bu hikaye Business Standard dergisinin April 19, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin April 19, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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