Stock Market Update: Among the 30 companies listed on the Sensex, Tech Mahindra, Asian Paints, Tata Motors, Sun Pharma, JSW Steel, ICICI Bank, Power Grid, Tata Steel, Reliance Industries and Bajaj Finserv were the biggest losers.

Donald Trump in America: After Donald Trump's landslide victory in the US election, the stock market saw a rise on Wednesday. But after this, the domestic stock market registered a decline in trading on Thursday. Market analysts said that the continuous withdrawal of foreign capital and mixed signals have affected the sentiment of investors. On Thursday morning, the BSE Sensex opened at 80,563 points, up about 200 points in early trade. But after this, it saw a continuous decline. Similarly, the NSE Nifty opened at 24,489 points but later it fell to 24,182 points.

There was a big decline in the shares of these companies

At around 1 pm, the Sensex fell by about 800 points and was trading at 79,580 points. At the same time, the Nifty index was trending at 24,216 points. Out of the 30 companies listed on the Sensex, Tech Mahindra, Asian Paints, Tata Motors, Sun Pharma, JSW Steel, ICICI Bank, Power Grid, Tata Steel, Reliance Industries and Bajaj Finserv saw the biggest decline. Shares of TCS, SBI and L&T are seeing a slight rise. Shares of HCL Technologies, Tata Consultancy Services and JSW Steel were in profit in the morning.

US markets closed higher on Wednesday.

In the Asian markets, China's Shanghai Composite, South Korea's Kospi and Hong Kong's Hang Seng were in profit, while Japan's Nikkei was in loss. US markets closed higher on Wednesday. International standard Brent crude was at $ 75.61 per barrel with a gain of 0.92 percent. According to stock market data, foreign institutional investors (FIIs) were sellers on Wednesday and sold shares worth a net Rs 4,445.59 crore.

Why is the stock market falling?

VK Vijaykumar, Chief Investment Strategist, Geojit Financial Services, said, "The Trump trade has lifted the US market overnight. A similar positive impact is unlikely in India. In fact, the Indian market is overvalued and earnings are trending downward. Investors should focus on quality and price during this excitement and uncertainty." For some time now, FIIs have been continuously withdrawing money from the Indian market and their focus is on profit booking.