Earthquake again in share market, Sensex closed down by 736 points
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Stock Market Closing Bell: Today was a very inauspicious day in the Indian stock market. There was a big decline in the domestic market due to weakness in Asian markets and selling in foreign funds. Till the closing bell, Sensex fell 1.01 percent or 736.37 points to 72,012.05. But it was. Whereas, Nifty slipped 1.08 percent or 238.25 points and closed at 21,817.45. Meanwhile, 3928 companies were trading in the market. Out of these, 1244 companies were closed while trading in profit. Whereas, 2572 companies closed in loss. Meanwhile, a big decline was seen in TCS and Nestle. Whereas, after the action of the Supreme Court, the stock of Patanjali Foods fell by about five percent.
Selling seen in Sensex and Nifty
Sensex and Nifty closed under pressure throughout the day. The selling was so dominant on Nifty that at one time shares of 43 out of 50 companies were seen trading in loss. At the same time, only six companies on BSE’s 30-share Sensex closed with profit. Whereas, 24 companies closed in loss. No profit was seen in any sector till the market closed on Nifty. Nifty Bank fell 220 points, Auto 106 points, FMCG 1168 points, IT 1084 points and Pharma 432 points. Shares of Bajaj Auto, Bajaj Finance, Kotak Mahindra, Bharti Airtel and Hindalco were among the top gainers in the market today. However, BPCL, TCS, Cipla, Tata Consumer, Dr Reddy’s, Nestle, Britannia, IndusInd Bank and Wipro fell more than three per cent to join the top losers.
how was the morning market
This morning the market became sluggish in pre-opening itself. After this, there was no possibility of improvement in the major stock indices Sensex and Nifty. It is being told that investors have become cautious before the US Federal Reserve decides on the interest rate this week. In early trade, the 30-share BSE Sensex fell 420.56 points to 72,327.86 points. Whereas, NSE Nifty fell by 126.35 points at 21,929.35. During this period, there were signs of weakness in almost all the markets of Asia. On the other hand, Japan has increased interest rates after almost 17 years.
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