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Wednesday, 5 December 2018

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Stock market on Wednesday saw a decline

Stock market on Wednesday saw a decline






Business in the stock market on Wednesday started with a red mark. Sensex dropped 98.66 points (0.27%) to 36,035.65, while the Nifty by 49.05 points (0.45%) to 10,820.45.

Earlier on Tuesday, the Sensex fell by 106.69 points to 36,134.31 and the Nifty narrowed by 14.25 points to 10,869.50.
Due to uncertainty about the US-China trade tension and rise in the prices of crude oil, the impact of a weak signal in the global markets has hit the domestic market.

At 9:35 a morning there was a decline in the Sensex to 227 points, and Nifty went below 10800. On the Sensex, all other stocks except ONGC, Adani Ports, NTPC, Asian Paints and State Bank have seen a decline.

On the other hand, IOC, Hindustan Petroleum, BPCL, ONGC's shares were on the rise, Indiabulls housing finance, Hindalco, Tata Motors, Titan and JSW Steel saw the worst decline.

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