Business Blog: Stock markets fall for 2nd day on selling in IT banking shares, FII ouflows

Friday, July 28, 2023

Stock markets fall for 2nd day on selling in IT banking shares, FII ouflows

Benchmark indices Sensex and Nifty declined for a second day in a row on Friday due to selling in IT and banking shares amid foreign fund outflows and weak trends in the US markets. The 30-share BSE Sensex fell by 106.62 points or 0.16 per cent to settle at 66,160.20. During the day, it declined by 388.17 points or 0.58 per cent to a low of 65,878.65.

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