Share market may see a decline today: Nifty rising for 14 consecutive days, US market closed down by 626 points

Share market may see a decline today: Nifty rising for 14 consecutive days, US market closed down by 626 points


Mumbai1 hour ago

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Due to weak global signals, the stock market may see a decline today i.e. on September 4. A day earlier, i.e. on September 3, the Sensex and Nifty closed almost flat. The Sensex is at 82,555 and the Nifty at 25,279.

A day earlier, on Tuesday, the US market Dow Jones Industrial Average closed down 626.15 points or 1.51% at 40,936. The S&P 500 slipped 2.12% to close at 5,528.93. The Nasdaq Composite closed down 3.26% at 17,136.30.

Nifty set a record of rising for 14 consecutive days
The Nifty index, launched in 1996, on Tuesday set a record of closing higher for 14 consecutive days. Earlier, in 2007, the Nifty had seen a continuous rise for 11 days. Whereas, in January 2015 and April 2014, there was a continuous rise for 10 days.

Both domestic and foreign investors bought shares worth Rs 2925 crore
Both foreign and domestic investors bought shares worth Rs 2925 crore in the cash market on Tuesday. Foreign Institutional Investors (FIIs) bought shares worth Rs 1029 crore. During this period, Domestic Institutional Investors (DIIs) bought shares worth Rs 1896 crore.

Sensex and Nifty closed flat on Tuesday
A day earlier, on September 3, Nifty closed at 25,279 with a gain of 1 point. However, Sensex fell by 4 points. It closed at 82,555. This decline in Sensex has been seen after 10 days of rise.

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