For the last 4 days, the trade was on the downward trend. Although various factors have been attributed to this internationally, US inflation data is seen as the main factor.
Indian stock markets are trading higher on Friday (July 15).
Factors for stock market fall:-
In general, this week is not a happy one for investors. Stock markets remained negative due to heavy selling of bank stocks.
Especially for the last 4 days, the trade was on the downward trend. Although various factors have been attributed to this internationally, US inflation data is seen as the main factor.
Mumbai Stock Exchange (BSE):-
Apart from this, European markets are also looking weak. In this situation, during today’s Friday trading, the stock markets traded higher since morning.
In that way, the Mumbai Stock Exchange has risen by 94.7 points (0.18 percent) and is trading at 53,508.60. Stocks including Polycybazar, Adhanigreen, Tata Steel, TCS and Wipro are trading in gains. Stocks including Cosmofilms and Polycyphilus are compensating.
National Stock Exchange (NSE):
Nifty is trading up to 14.60 (0.09 percent) against the national stock market. During yesterday’s trade on Thursday, shares of major companies including Axis Bank also fell.
666 stocks were on the gainer list on the National Stock Exchange. 1268 stocks were found in the fall list. However, the selling of stocks in the domestic market was hot.
This is due to the contraction in European and Asian stock markets. Economists also say that weekly contracts submission of pre-traded weekly contracts is also a reason.