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Stock Market: The stock market fell for the fifth consecutive day, Sensex lost 817 points in early trade

Mumbai | Sensex and Nifty fell for the fifth consecutive day on Thursday after a weak development in international markets and losses in huge shares like Reliance Industries and HDFC fell 817 factors in early commerce. The sentiment was additionally affected by continued outflow of international capital. Throughout this, the 30-share Sensex was buying and selling at 53,271.61 with a fall of 816.78 factors in early commerce. Equally, the NSE Nifty additionally fell 234.05 factors to fifteen,933.05.

UltraTech Cement, Tata Metal, Bajaj Finance, M&M, IndusInd Financial institution, HDFC Financial institution, Bajaj Finserv and Larsen & Toubro had been among the many main losers within the Sensex commerce. Then again, solely Energy Grid was within the inexperienced. Within the earlier buying and selling session, the 30-share BSE Sensex closed at 54,088.39 factors, down 276.46 factors, or 0.51 per cent, on Wednesday.

Equally, the Nifty of the Nationwide Inventory Trade additionally slipped 72.95 factors, or 0.45 %, to 16,167.10. In the meantime, Brent crude, the worldwide oil commonplace, fell 1.19 % to $ 106.22 per barrel. Overseas institutional traders (FIIs) bought shares price Rs 3,609.35 crore on Wednesday, in response to information accessible from the inventory exchanges.

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