Sensex down by 257.58 points to settle at 39,194.49 in week ended June 21, 2019

Sensex down by 257.58 points to settle at 39,194.49 in week ended June 21, 2019

Agency News

Mumbai, Jun 22 : The benchmark Index of Bombay Stock Exchange (BSE) fell by 257.58 points or 0.65 per cent to settle at 39,194.49 for the third straight week as uncertainty over the U.S.-China trade negotiations and rising oil prices outpaced investor euphoria around the Federal Reserve's rate-cut signals.

NSE Nifty index fell 99.20 points or 0.84 per cent to settle at 11,724.10.The BSE Mid-Cap index fell 96.4 points or 0.65 pc to settle at 14,624.59. The BSE Small-Cap index fell 281.69 points or 1.96 pc to settle at 14,084.24. The market declined sharply on Monday, June 17 ,2019, led by slide in index pivotals. Sensex lost 491.28 points to settle at 38,960.79.Nifty too dropped by 151.15 points at 11,672.15.

Domestic shares ended the volatile trading session with small gains on Tuesday,June 18, 2019. Gains were supported by firmness in IT shares. BSE Sensex gained 85.55 points to 39,046.34. Nifty gained 19.35 points to 11,691.50.

Despite global trade optimism, domestic equity market failed to hold its initial strength on Wednesday, June 19, 2019. Sensex gained 66.40 points to settle at 39,112.74. Nifty ended almost flat at 11,691.45.

Key benchmark indices ended with robust gains on Thursday, June 20 2019, supported by positive global stocks. Sensex gained 488.89 to settle at 39,601.63. Nifty rose 140.30 points to settle at 11,831.75.Domestic shares declined on Friday, June 21 2019 , as rising crude oil prices overshadowed investor euphoria surrounding the US Fed's hints at future rate cuts. Sensex fell 407.14 points to settle at 39,194.49. Nifty fell 107.65 points to settle at 11,724.10.