Concerns over tepid corporate earnings growth and the trajectory of US Federal Reserve (Fed) rate cuts compounded investor anxieties. The domestic market has been grappling with foreign fund flows shifting to China and the fallout from the Iran-Israel conflict. The Sensex ended the session at 81,050, a decline of 639 points, or 0.8 per cent.
The Nifty closed at 24,796, a drop of 219 points, or 0.9 per cent. The total market capitalisation of BSE-listed companies decreased by ₹8.9 trillion to 452 trillion. The Nifty has declined by 5.4 per cent over the past six sessions, while the Sensex has fallen by 5.6 per cent.
FPIs sold shares worth nearly 8,300 crore, extending their month-to-date selling to almost 40,000 crore. Domestic institutional investors bought shares worth 13,245 crore - their highest single-day purchase.
In a note, Motilal Oswal Financial Services estimated that Nifty earnings would grow marginally by 2 per cent in the quarter ended September, the lowest growth in 17 quarters.
هذه القصة مأخوذة من طبعة October 08, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة October 08, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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