The stock market closed with a fall on the fourth trading day of the week. With this, the Bombay Stock Exchange index Sensex fell 143.30 points to 39,745.66 and the National Stock Exchange's Nifty weakened 45.20 points to close at 11,633.30. Apart from this, 15 of the 50 stocks of the Nifty closed in the green mark and 35 stocks in the red mark. The Sensex opened 58.84 points at 39,947.80 this morning, though the Nifty opened with a loss of nearly 17 points at 11,661.25.
Today, during the day's trading, the Sensex was found to be trading at the highest level of 39,947.80 points. At the same time during trading it fell to a minimum level of 39,423.27 points. Among the Sensex companies, ONGC recorded the largest decline. HCL Tech, SBI, ICICI Bank, IndusInd Bank, Hero MotoCorp and Mahindra & Mahindra also suffered losses. On the other hand, shares of Sun Pharma, Titan, Asian Paints and Axis Bank rose.
The gross domestic product (GDP) growth rate is estimated to be stable at 4.5 percent in the third quarter of October-December, 2019 of the current financial year. With this, traders said the strong sell-off by Foreign Portfolio Investors (FPIs) has also affected the perception of retail investors. According to provisional data from the stock markets, FPIs sold shares worth Rs 6,812.57 crore net this week. On the other hand, Cospi of South Korea and Nikki of Japan recorded a significant decline. There was profit in Shanghai of China and Hangseng in Hong Kong.
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