• Phone: +91-98-166-64762
  • info@aceinvestmentadvisory.com
SEBI No. INA100002958     Stay Connected:

The domestic stock markets erased the entire week’s gains after the Sensex and Nifty plunged on Friday amid a larger global sell-off. The BSE Sensex closed 689.60 points or 1.89% lower to 35,742.07, while the broader Nifty50 closed 198 points or 1.81% lower at 10,754. Notably, the headline indices witnessed heavy selloff after investors booked profits in realty, banking, IT and auto bluechips amid weak signals from global markets. We bring to you four key things to know from Sensex and Nifty’s session today.

Global market sell-off spooked investors

Investors took cues from world markets, which tumbled on fears of a potential US government shutdown and rising tension between the US and China. On a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 386.44 crore on Thursday, and domestic institutional investors (DIIs) were net buyers to the tune of Rs 87.96 crore, provisional data available with BSE showed. The rupee, meanwhile, fell 52 paise to 70.22 against the US dollar. Brent crude, the international benchmark, was trading 0.96 per cent lower at 53.83 per barrel in futures trade.