The Indian stock market has declined for the third consecutive day. There is a fall of 330 points in Sensex, which is trading at 84 thousand 807. There is a decline of 117 points in Nifty, which is trading at 25 thousand 915. Apart from this, sixteen out of 30 Sensex stocks are down. There is a big fall in auto, banking and FMCG shares in today’s trading. At the same time, there is growth in IT, metal and pharma sectors.

Mixed effects are visible in Asian markets

Asian Markets: Korea’s Kospi is trading 1.07 percent higher at 4 thousand 7, Japan’s Nikkei is trading 1.13 percent higher at 49 thousand 862 and Hong Kong’s Hang Seng index is trading 1.02 percent lower at 25 thousand 828.

US Market: On December 2, Dow Jones Industrial Average increased by 0.39 percent and closed at 47 thousand 474. Nasdaq Composite also increased by 0.59 percent to close at 23 thousand 414 and S&P 500 increased by 0.25 percent to close at 6 thousand 829.

Domestic investors bought shares worth crores on December 2

Foreign investors (FIIs) sold shares worth ₹3,642.30 crore in the cash segment on December 2. Domestic investors (DIIs) bought shares worth ₹4,645.94 crore. In November, FIIs sold shares worth a total of ₹17,500.31 crore, while DIIs bought shares worth ₹77,083.78 crore. This means that the market is supported by domestic investors. Yesterday the stock market closed down 503 points.

On Tuesday, December 2, the second trading day of the week, the stock market declined. The Sensex fell 503 points to close at 85,138. Nifty also fell 143 points and closed at 26,032.

Out of 30 Sensex stocks, 20 declined. Shares of Asian Paints and Maruti closed 3% higher. Shares of HDFC Bank, ICICI Bank and IndiGo fell up to 2%. There was buying in NSE Pharma index, while there was selling in media, banking and realty stocks.