Stock market update: Market ends flat on July 7
On the first trading day of the week, i.e. Monday, July 7, the Sensex closed at 83,443, up about 10 points. There was no change in the Nifty, it closed at the previous closing level (25,461).
Out of 30 Sensex stocks, 18 declined. BEL, Tech Mahindra and UltraTech Cement fell by 2.4%. Kotak Mahindra Bank and Hindustan Unilever rose by 3%.
Out of 50 Nifty stocks, 28 closed down. NSE’s IT, media and metal sectors saw the biggest decline. FMCG closed with a gain of 1.7%.
On July 4, domestic investors sold shares worth ₹ 1,029 crore
On July 4, foreign investors (FIIs) sold shares worth Rs 760.11 crore in the cash segment and domestic investors (DIIs) sold shares worth Rs 1,028.84 crore.
In the month of June, net purchases by foreign investors stood at Rs 7,488.98 crore. Meanwhile, domestic investors also made net purchases of Rs 72,673.91 crore in the month.
In the month of May, net purchases by foreign investors stood at Rs 11,773.25 crore. Meanwhile, domestic investors also made net purchases of Rs 67,642.34 crore in the month.
