Market breaks due to selling heavy stocks. Share Market News.




Market breaks due to selling in heavy stocks, Sensex falls 181 points.
 

New Delhi: Stock markets declined on Tuesday. The selling in the last hour of trading increased the pressure on the market. Major stocks such as Reliance Industries and HDFC Bank were sold more. The stock market will be closed on Wednesday to celebrate Christmas.


At the end of trading on Tuesday, the BSE Sensex fell 181.40 points, or 0.44 per cent, to close at 41,461.26. The 50-share Nifty 50 of the NSE also fell by 48.20 points to settle at 12,214.55 at the end of trading.

The biggest decline came in the share of HCL Technology. It closed down by 1.80 per cent. This was followed by Reliance Industries, HDFC Bank, TCS, Tech Mahindra, L& T, Maruti, Bajaj Finance and HDFC.


IndusInd Bank, ONGC, Bharti Airtel, Hero MotoCorp and NTPC were among the closing stocks. According to analysts, there has been a decrease in investor activity in view of the holiday in the foreign and domestic markets. Apart from this, traders are waiting for the factors that give direction to the market.


Analysts say that traders are also eyeing the expiry of derivatives deals on Thursday. On the last Thursday of every month, there is an expiry of the derivative trades. The major indices of the Shanghai and Tokyo Stock Exchange closed in the green mark. Hong Kong and Seoul stock markets closed in the red mark. There was a slight weakness in the rupee against the dollar.



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