Market Remains Bearish, Sensex Down by 754 Pts

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Due to weak global cues, today the third trading day of the week i.e. on Thursday, the domestic stock market started on the red mark. Today, the domestic market is in disarray. At 12.50 pm, the Bombay Stock Exchange’s flagship index Sensex was trading at 46555.59, down 754.34 points (1.59 per cent). The National Stock Exchange’s Nifty was down 213 points, or 1.52 per cent, at 13,754.50. Stock markets were closed on Tuesday on the occasion of 72nd Republic Day.

This trend of decline has been going on for the last five days. During this period, the Sensex has fallen by more than three thousand points. The index peaked at 50,184 on 21 January. The overall market capitalization of listed companies has also come down to Rs 188.66 lakh crore due to the all-round decline, which was Rs 189.59 lakh crore on 27 January. According to government data, foreign direct investment (FDI) investment stood at $ 58.37 billion during April-November last year, a 22 percent increase from the $ 47.67 billion invested in the same period last year.

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