Market lost its lead, Nifty closed in red mark
Market of BSE and NSE has lost all its gains today. Amidst mixed global signals, both the Sensex and Nifty indices had a strong start, but later there was a sell-off in the market. The Sensex closed in the green at the end of trading. While Nifty closed in red mark. Mixed reaction has been seen in the market.
Auto, IT, Pharma and Realty indices closed in the red on Nifty. While Bank, Financial, Metal and FMCG indices closed in the green. At present, the Sensex has gained 37 points and it has closed at the level of 58,803. Whereas Nifty has broken 3 points and closed at the level of 17539. There has also been a sell-off in heavyweight stocks. 19 stocks of Sensex 30 have closed in the red mark. Today’s top losers include NTPC, POWERGRID, BAJAJFINSV, KOTAKBANK, TCS, BAJFINANCE, DRREDDY.
The Indian stock market has lost its previous gains today under the pressure of the global market. On Thursday morning, Sensex and Nifty opened on a big decline and investors booked profits fiercely. Sensex has once again come down to 59 thousand.
The Sensex opened at 58,711 with a loss of 826 points in the morning and started trading. Similarly, Nifty also started trading openly at 17,486 with a loss of 273 points. Under the pressure of the global market, investors sold fiercely today and the decline dominated the market from the beginning. At 9.35 am, the Sensex was trading at 58,734 with a loss of 800 points, while the Nifty was down 200 points and stood at 17,550.
Which company made the loss
In today’s business, investors caught selling in IT companies from the very beginning. Due to this, there was heavy profit-booking in companies like Infosys, TCS, Reliance Industries, ICICI Bank and due to the big fall, the stocks of these companies came in the category of top losers.
On the other hand, there is a buying environment in the shares of companies like Bharti Airtel, Bajaj Finserv, UltraTech Cement and IndusInd Bank from the beginning today. With a sharp increase, the shares of these companies came in the list of top gainers. In today’s trading Nifty smallcap and midcap are also seeing a big decline of 0.50 percent.
