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Saturday, April 20, 2024

Sensex falls 453 points due to withdrawals of foreign money


<p>As a result of persistent outflows of foreign money, oil and gas, automotive, and energy sectors saw significant losses on Friday, causing the benchmark stock indexes, Sensex and Nifty, to fall by more than half a percent.</p>
<p><img decoding=”async” class=”alignnone wp-image-514357″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-sensex-falls-453-points-due-to-withdrawals-of-foreign-money-2024-3largeimg-8278940.jpg” alt=”theindiaprint.com sensex falls 453 points due to withdrawals of foreign money 2024 3largeimg 8278940″ width=”994″ height=”539″ title=”Sensex falls 453 points due to withdrawals of foreign money 6″></p>
<p>Additionally, traders said that worries about mid-cap and small-cap companies were undermining investor confidence and the overall market. After a shaky start, the 30-share BSE Sensex fell 453.85 points, or 0.62 percent, in a range-bound trading to close at 72,643.43. The benchmark fell 612.46 points, or 0.83 percent, to 72,484.82 over the day. The NSE Nifty fell to 22,023.35, a loss of 123.30 points, or 0.56 percent. The NSE Nifty fell 470.2 points on the weekly front, while the BSE benchmark plunged 1,475.96 points.</p>


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