Mumbai: india Clever the index fell more than 100 points despite an intraday rally above 17,500. The bearish momentum continued after the recent consolidation of the 50-stock index.
the Clever bank recovered over 450 points from the day’s low and closed positive above 37,750. The Banking Gauge faced resistance from its downtrend line.
The Nifty Small & Midcap fell nearly 2% to post the worst day since March 7, 2022. Both indices fell with identical highs and highs.
the crafty metal fell more than 2.5% to post the worst day since March 15, 2022, as Hindalco decreased by more than 5%, Smart real estate fell more than 2.5% to post the worst day since March 7, 2022, as all stocks fell, awesome infra fell over 1.5% to post the worst day since March 21, 2022, Nifty IT fell over 1.5% to extend the 5-day drop to over 5%, Clever PES fell more than 1% to post the worst day since March 15, 2022, and Clever power bank fell more than one percent to post the worst day since March 7, 2022.
Foreign investors sold Indian stocks worth Rs 3,128 crore in the cash segment on a provisional basis and sold Rs 2,183 crore in the futures and options segment. They reduced the net purchase of index futures unchanged to 54% from 61% the previous day. This is below the April average of 68%. National institutions sold Indian shares worth Rs 870 crore in the spot market.