Market is closed in red mark on the last day of the week! 721 points rolled SINX

The Indian stock market closed on Friday (July 24) during the last trading session of the week amid poor signals of global markets. Prior to August 1, uncertainty about the Indo-American trade agreement affected the market concept. At the same time, after the quarterly results, the market has dropped due to a decline in certain stocks. Investors also review the new trade agreement with Britain. The 30 -SHARE BSE Sensex opened 366 points or 0.45 percent to 81,818. Later, the index dropped further. Eventually, it closed at 81,463.09 with a drop of 721.08 points or 0.88%. The National Stock Exchange (NSE) Nifty-50 index opened 116 points or 0.46 percent to 24,946 below 25,000 points. It eventually closed 225 points or 0.90 percent to close at 24.837. In addition, it dropped below the support level of 25,000. Among the Sensex companies with a major disadvantage and profit are Bajaj Finance, Power Grid, Infosys, Tech Mahindra, Bajaj Finserv, Trend, Tata Motors, NTPC, Tata Steel, Maruti, Adani Ports, SBI, Hdl Tech, L&T and Hindustan Unilever The most important declining shares. On the other hand, only Sun Pharma and Bharti Airtel managed to stay ahead. In broad markets, the Nifty Midcap index was 1.61 percent and the Nifty Smallcap index below 2.1 percent. On the regional front, the sale was observed in all areas except a Nifty Pharma (0.54 percent increase). Nifty Auto 1.27 percent, Nifty It 1.42 percent, Nifty Metals 1.64 percent, Nifty Realty 0.99 percent, Nifty Financial Services 0.91 percent and Nifty FMCG closed by 0.9 percent. Share Market: Reason for decline on Friday? India has signed a free trade agreement with Britain. However, the market focus is on a possible trade agreement between India and the US. There is currently a round of speculation. But there was no concrete progress before the rate of 1 August. This affects the market perception. The deadline of Trump tariff is only a week away. In such a situation, the concerns of investors have increased. The market awaits an agreement that can help avoid the rising rates of 26 percent rates. A lack of any form of delay or clarity can cause instability in the near future. – The decline in IT and FMCG shares to the ominous quarterly results of large companies, the IT sector has already weakened the market notation. Meanwhile, the FMCG sector has increased the pressure. Operations veteran Nestle India recorded a 13 percent drop in its profit from year to year, which disappointed investors. It dropped from last year’s £ 746.6 to £ 646.6 crore. The extensive Nifty FMCG index fell 0.6 percent to close a low of 54.645. Nestle India shares fell 1.87 percent to close at £ 2,277. Foreign investors selling foreign investors continue with net selling in Indian stocks. Analysts believe that the assessment is largely responsible for changes in the sale of four consecutive months net purchases in July, compared to dull income. Indian markets are currently trading at Premium compared to their peer markets, which make them less attractive in the short term. It is also noteworthy that the smallcap segment sold more, where the evaluation increased again. D-Star experts hope this trend will continue in the near future. What is the state of global markets? The Asian markets had a decline on Friday. Japan’s Nikkei dropped 0.55% and the topics index 0.73%. ASX 200 from Australia also dropped 0.51%. However, South Korea’s costy climbed 0.14%. In the US last week, unemployment demands fell by 4,000 to 2.17 lakhs, while estimates were 2.27 lakhs. This is the sixth consecutive week when unemployment demands decreased. However, current unemployment claims have increased to 19.55 lakhs, the second highest level since November 2021. Meanwhile, S&P Global US Composite PMI reached 54.6 in June, which was 52.9 in June. This is the strongest expansion ever this year. The service sector had a rapid increase in the service sector and the manufacturing sector resulted in a minor improvement. At Wall Street, S&P 500 and Nasdaq set new records. S&P 500 rose 0.07% to 6,363,35 and Nasdaq climbed 0.18% to close at 21,057,96. Dow Jones dropped 0.7% to close at 44,693.91.