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Business Desk- Share Market Update: On May 13, Sensex is trading at 74,700, in which an increase of 100 points (0.17%) has been registered. Nifty also saw a rise of 30 points (0.12%), which reached the level of 23,400. In today’s trading session, buying activity was seen in metal stocks, while selling pressure was visible in pharmaceutical stocks.

On Wednesday, a bullish trend was seen in Asian markets. South Korea’s KOSPI index was seen trading at 7,749 levels, registering a rise of 101 points, or 1.50%.

Meanwhile, Japan’s Nikkei index rose 188 points to 62,986. However, Hong Kong’s Hang Seng index traded at 26,364, a marginal decline of 16 points, or 0.06%.

On the other hand, mixed trading activities were seen in the American markets on Tuesday. The Dow Jones closed at 49,761, a gain of 56 points or 0.11%. In contrast, the Nasdaq closed at 26,088, down 186 points, or 0.71%—due to selling pressure in tech stocks. The S&P 500 index also closed at 7,401, down 12 points, or 0.16%.

Foreign investors (FIIs/FPIs) sold shares worth Rs 1,959 crore in the Indian market on Tuesday. In the last 7 days, foreign investors have sold Rs 14,849 crore. In the last 30 days he has sold shares worth Rs 50,649 crore.

In contrast, domestic institutional investors (DIIs) bought Rs 7,990 crore on Tuesday. In the last 7 days, DIIs have bought shares worth Rs 21,119 crore. In the last 30 days he has bought shares worth Rs 47,972 crore.

Sensex fell 1,456 points and closed at 74,559.

There was a decline in the stock market on 12 May. Sensex fell 1,456 points and closed at 74,559. Nifty also recorded a decline of 436 points and closed at the level of 23,379. This is the fourth consecutive trading day of decline in the market. In these four days, Sensex has fallen by about 3,500 points and Nifty by about 1,000 points.