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Stock Market Closing: Today’s closing of the Indian stock market has happened with such a decline that perhaps no one could have guessed. After opening with slight softness in the morning, the market took a sharp dive and Sensex-Nifty started trading at a huge decline from its upper level. Bank shares and IT index showed such a decline that by the time the market closed, a fall of 1200 points dominated the Sensex and the Nifty also closed below the level of 24 thousand.
How was the closing of the stock market?
Sensex-Nifty closed with a decline of about 1.5 percent. PSU Bank Index has also closed with a huge fall. In today’s trade, BSE Sensex closed at 79,043 with a fall of 1190.34 points or 1.48 percent. NSE’s Nifty closed at the level of 23,914 with a decline of 360.75 points or 1.49 percent.
Sensex shares crashed
Infosys was the top loser among the falling Sensex stocks and fell 3.46 percent. Along with this, the decline in shares of M&M, Bajaj Finance, HCL Tech, Adani Ports and Tech Mahindra was dominated and they have fallen the most among the top losers. Only 1 out of 30 Sensex stocks has closed on the rise and that is SBI stock.
What was the condition of Nifty shares?
Out of 50 stocks of Nifty, only 4 stocks were up and the remaining 46 stocks closed with a fall. Among the rising stocks, Adani Ports closed up 1.63 percent. Trading closed with weakness in shares of SBI, Shriram Finance and Cipla. Among the falling stocks of Nifty, SBI Life closed with the biggest decline of 5.41 percent. After this, shares of HDFC Life, M&M, Infosys and Adani Ports declined.
How far did the market capitalization of BSE fall?
The market cap of BSE today stood at Rs 443.19 lakh crore and trade was closed in 4049 shares. Of these, 2215 shares declined and 1721 shares declined. Trading was closed with no change in 113 shares.
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