Indian stock market – the Sensex and the Nifty, snapped their three-day winning run. After opening higher, both the Sensex and the Nifty 50 hit their fresh record highs in intraday trade but eventually ended lower on profit booking, tracking weak global cues.
The 30-share BSE Sensex opened at 76,935 against its previous close of 76,693 and hit its fresh record high of 77,079 during the session. The index finally closed with a loss of 203 points, or 0.27 per cent, at 76,490. The Nifty 50 opened at 23,319 against its previous close of 23,290 and hit its fresh all-time high of 23,411. The index closed 31 points, or 0.13 per cent, lower at 23,259. In the forex market, the rupee was trading at 83 rupees and 51 paise against the US dollar.
In the Global Crude Market, Brent Crude was trading at 79.77 dollars per Barrel, WTI Crude is trading at 75.63 dollars per barrel, when the reports last came in. In the Global Commodity Exchange, for 5th August 2024 Contract, Gold was trading at 71,055 rupees per 10 grams, Silver, for 5th July 2024 contract, was trading at 89,810 rupees per Kilogram, when the reports last came in.
Disclaimer: This press release is sourced from News On AIR, Prasar Bharti and Press Information Bureau India (PIB).