Stock Market Update: Outcry in the stock market, both the Sensex and the Nifty index closed with a heavy fall.
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In today’s business, both the Sensex and Nifty indices were barren with heavy losses. Sensex closed at 65,782.78 points, down 676.53 points, or 1.02 percent, Nifty slipped 207.00 points, or 1.05 percent, to close at 19,526.55 points.
After the US rating agency Fitch Ratings downgraded the US credit rating, global markets declined and this also affected the Indian stock market. In today’s business, both the Sensex and Nifty indices were barren with heavy losses. Sensex closed at 65,782.78 points, down 676.53 points, or 1.02 percent, Nifty slipped 207.00 points, or 1.05 percent, to close at 19,526.55 points. Selling has been seen in Nifty in today’s trade. Today, the market cap of companies listed in BSE has suffered a loss of about Rs 3.49 lakh crore.
Top gainers of NIFTY
Shares of DIVISLAB on NSE Nifty are up by 1.52 per cent, NESTLEIND by 0.94 per cent, HINDUNILVR by 0.82 per cent, Asianpaint by 0.54 per cent, TECHM by 0.35 per cent.
There was a break in these stocks on NIFTY
On the NSE Nifty, HEROMOTOCO declined by 3.49 per cent, TATASTEEL by 3.25 per cent, Tatamotors by 3.21 per cent, BAJAJFINSV by 3.02 per cent and NTPC by 2.64 per cent.
Indian rupee gains
At the interbank foreign exchange market, the Indian rupee declined marginally by 0.32 paise to close at 82.58 against the US dollar.
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