Stock Market Closing, July 28: Market benchmark indices Sensex and Nifty climbed in early trade on Tuesday on lower crude oil prices amid easing geopolitical worries in West Asia. However, the market closed in red.
Stock Market Closing Today On July 28
The Nifty Bank index, which tracks the movement top 12 listed banks of the country, closed 331.60 points or 0.58 per cent down at 56,755.60.
Buying in IT stocks also supported the positive trend in the markets.
On Monday, stock markets snapped the five-day losing streak, with the benchmark Sensex jumping by 776 points following a sharp decline in crude oil prices amid easing tensions in West Asia.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,688.23 crore on Monday, according to exchange data.
In Asian markets, South Korea’s KOSPI tanked 9.34 per cent. Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index were also trading lower.
US markets ended on a mixed note.
On Monday, the Sensex jumped 776.01 points, or 1.02 per cent, to settle at 76,835.78. The Nifty surged 228.50 points, or 0.96 per cent, to end at 23,995.95.
