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    Home»Equities»Indian stock market under pressure
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    Indian stock market under pressure

    Finance KhabarBy Finance KhabarSeptember 30, 2020No Comments2 Mins Read
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    The domestic stock market has also witnessed pressure today amid weak global cues. At the end of trading, both the Sensex and the Nifty managed to remain closed on the green mark with a slight uptrend. The Sensex had a slight gain of 95 points and closed at a level of 38,067.93. At the same time, the Nifty also closed at a level of 11227 with a slight gain of 4 points. Earlier on Tuesday and Monday, the market was weak and closed. In today’s business, banks and metal stocks are selling. FMCG shares have seen a boom. Tech Mahindra and Titan Company are today’s top gainers and Airtel is today’s top loser. Talking about global signals, the US market looked nervous yesterday before the presidential debate. The Dow Jones lost more than 130 points in yesterday’s trade. Today, Asian markets are also sluggish.

    In today’s trade, 16 stocks of Sensex 30 have fallen. Apart from Tech Mahindra and Titan Company, the top gainers include Nestle India, HUL, HDFC Bank and HDFC. At the same time, the top losers include Airtel, Tata Steel, IndusInd Bank, Mahindra & Mahindra, Sun Pharma and ICICI Bank. In the major 11 indexes of the Nifty, 5 have closed in the red mark. The metal index has fallen more than 2 percent. If the PSU bank index fell more than 1 percent, the realty also closed down 0.77 percent. Auto index also closed in red mark.

    In today’s business, shares of Reliance Industries fell by about half per cent. Early this morning, news came that General Atlantic would invest 3675 crore to buy a 0.84 per cent stake in Reliance’s retail business. Even after this, the stock did not see much uptrend.

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