Share Market: Sensex-Nifty disappointed on Budget day, banking, PSU and auto shares rose

[ad_1]

Stock Market Closing Bell: Investors were seen doing business cautiously in the Indian stock market before the budget. But even after the budget, the market remained sluggish due to lack of major announcements. The 30-share Sensex closed at 71,645.30 with a decline of 106.81 points or 0.15 percent. At the same time, Nifty closed at the level of 21697.45 with a decline of 28.25 points or 0.13 percent. PSU bank index showed rise in the market today. At the same time, auto, banking and FMCG purchases were seen. Whereas, a decline was seen in the midcap index. Shares of Maruti Suzuki, Cipla, Eicher Motors and Power Grid Corporation became the top gainers on Nifty. Whereas, shares of UltraTech Cement, L&T, Dr Reddy Laboratories, JSW Steel and Grasim Industries were among the top losers.

Mixed effect seen in the sector

Mixed effect was seen across sectors in the market. Growth was seen in bank, auto, FMCG and power sectors. At the same time, Capital Goods, Metal and Realty index closed with a decline of about 1 percent.

how was the morning business

There were ups and downs after the domestic markets started trading with a positive trend on Thursday ahead of the interim budget. BSE’s 30-share index Sensex rose 248.4 points to 72,000.51 in early trade. Nifty increased by 62.65 points to 21,788.35 points. However, ahead of the interim budget, both the indices witnessed volatility and traded between high and low levels. Among Sensex companies, shares of Mahindra & Mahindra, Maruti, Power Grid, NTPC, IndusInd Bank and Sun Pharma gained the most. Shares of Larsen & Toubro, Titan, Bajaj Finserv and JSW Steel remained in the red. In other Asian markets, South Korea’s Kospi, China’s Shanghai Composite and Hong Kong’s Hang Seng were in profit, while Japan’s Nikkei was in loss.

[ad_2]

Source link