Today’s Sensex, Share Market 18 December: Market closed with decline for the fourth consecutive day, know top gainer and loser shares – Market

Stock market closed with decline

The stock market closed with a decline on 18 December. (symbolic photo)

highlights

  • Today the Sensex closed with a fall of 77.84 points.
  • Whereas Nifty closed with a fall of 3 points.
  • Today 3,209 shares were traded on NSE.

Stock Market Closing Today, 18 December: The stock closed with a decline for the fourth consecutive day today. Today the Sensex closed at the level of 84,481.81 points with a fall of 0.09% i.e. 77.84 points. Whereas Nifty closed at the level of 25,815.55 points with a decline of 0.01% i.e. 3 points. Let us know today’s top gainer and loser shares.

Reasons behind today’s decline

  • The rupee is continuously hitting new record lows, which is having a huge impact on market sentiment.
  • Foreign institutional investors have been selling heavily since July. Total cash-market outflow since July has exceeded Rs 1.70 lakh crore.
  • The surge in IPOs this year has reduced retail liquidity from the secondary market, keeping the indices in a tight range.
  • Nifty faces a key resistance at 26,060, a level which it has repeatedly failed to hold in recent sessions.

Source

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