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Sensex Today: Benchmark Equity Indis, BSE Sensex and Nifty50, influenced by less open, mixed global signals on Friday.
Sensex today
Sensex today: Benchmark Equity Indis, BSE Sensex and NSE Nifty 50, shut down the last trade session of the week in the negative field. 30-Syre BSE Sensex 424.90 points or 0.56%dropped, traded between 75,748.72 high and 75,112.41 during the day to end at 75,311.06.
NSE Nifty50 also decreased at 127.25 points, or 0.51%, 22,795.90, with the index to a day high of 22,921 and a low of 22,720 on Friday.
Of the 50 component shares of NIFTY50, 35 were closed in red, headed by Mahindra and Mahindra, Adani Ports, BPCL, Tata Motors and Wipro, with damage to 6.20%.
Comprehensive markets followed the benchmark, in which Nifty Midcap 100 and Nifty Smallcap 100 Index were losing 1.32% and 0.70% respectively.
All the regional index, except the Nifty metal, ended in red. The Nifty Auto was the largest defeat, falling 2.58%. Other areas including Nifty PSU Bank, Healthcare, Realty, Pharma and OMC also lost more than 1%.
‘FII sales are likely to continue … to create opportunities for long -term investors’
“In the context of Trump’s tariff hazards, the market is giving negative reply to potential tariff goals such as auto and pharmaceuticals and is looking for opportunities in domestic consumption plays that will not be affected by tariffs threats. This is likely to be a short -term trend because Trump’s strategy is to threaten with tariffs and then to interact for reduction in tariffs on US exports. It will take time to play. The high tariff on imports in the US is not in the US interest because it will be in the form of inflation, inviting Hawkish comments from the Fed, which will, in turn, will affect the US stock market. Trump will not like this result and therefore, he is using the interim period to interact with business partners.
FII sales are likely to continue in India, especially in terms of renewed interest in Chinese stocks who are cheap and staging a smart recovery. The sale of FII will continue to put pressure on larges. This is an opportunity for long -term investors. Select the midcap like the defense sector that have corrected and are now quite valuable, as they are likely to shop as they do not face the risk of selling FIIs. ,
Thoughts by: Dr. VK Vijaykumar, Chief Investment Strategist, Geogit Financial Services
Global signal
Australian shares rose on Friday, which were inspired by the profit in mining and energy shares due to strong commodity prices. Nine entertainment 60%-Malik a subsidiary, domain holdings emerged as a top advantage after Australia, a purchase offer received.
The S&P/ASX 200 index was 0.1% above 8,333.1 as 0026 GMT, although it is lost 2.6% this week.
The Yen reached a 2.5 -month high on Friday after jumping into Japanese inflation, while the dollar was designed for a third consecutive weekly decline. Traders have rejected any important action on the tariff from the beginning of Donald Trump’s second term.
After Japan reported its fastest core inflation in 19 months for January, after reaching 149.285 per dollar in the morning session, the yen chart broke at $ 150 per dollar through resistance and further strengthened.
