Indian Stock Market Dips: Sens*x, Nifty Slide.!
Today, the indian stock market witnessed a downtrend, with both BSE Sensex and NSE Nifty closing below significant levels. BSE Sensex concluded at 72,012.05, marking a decline of 736.37 points or 1.01 percent, while NSE Nifty finished at 21,817.45, down by 238.25 points or 1.08 percent.
Among the 30 stocks comprising the Sensex, only 7 showed an upward trend, with the remaining 23 trading in the red. Notable gainers included Bajaj Finance, up by 1.38 percent, kotak mahindra bank by 0.57 percent, icici bank by 0.26 percent, and Bharti airtel by 0.23 percent. Similarly, out of the 50 stocks forming the Nifty index, only 9 closed with gains, while 41 ended in the negative territory.
Noteworthy risers were Bajaj Auto, up by 1.47 percent, Bajaj Finance by 1.25 percent, Eicher Motors by 0.87 percent, kotak mahindra bank by 0.73 percent, and hdfc bank by 0.27 percent. All sectoral indices of Nifty observed a decline, with the IT sector witnessing the steepest fall of 2.90 percent, followed by the media sector with a decline of 2.45 percent, and the FMCG sector with a sharp drop of 2.16 percent.
Bank Nifty also experienced a downturn, closing at 46,384, down by 191.10 points or 0.41 percent, with only 4 out of 12 stocks ending with gains. Furthermore, the market capitalization of BSE witnessed a decrease, falling to Rs 373.96 lakh crore from Rs 378.79 lakh crore recorded on Monday.
Among the 30 stocks comprising the Sensex, only 7 showed an upward trend, with the remaining 23 trading in the red. Notable gainers included Bajaj Finance, up by 1.38 percent, kotak mahindra bank by 0.57 percent, icici bank by 0.26 percent, and Bharti airtel by 0.23 percent. Similarly, out of the 50 stocks forming the Nifty index, only 9 closed with gains, while 41 ended in the negative territory.
Noteworthy risers were Bajaj Auto, up by 1.47 percent, Bajaj Finance by 1.25 percent, Eicher Motors by 0.87 percent, kotak mahindra bank by 0.73 percent, and hdfc bank by 0.27 percent. All sectoral indices of Nifty observed a decline, with the IT sector witnessing the steepest fall of 2.90 percent, followed by the media sector with a decline of 2.45 percent, and the FMCG sector with a sharp drop of 2.16 percent.
Bank Nifty also experienced a downturn, closing at 46,384, down by 191.10 points or 0.41 percent, with only 4 out of 12 stocks ending with gains. Furthermore, the market capitalization of BSE witnessed a decrease, falling to Rs 373.96 lakh crore from Rs 378.79 lakh crore recorded on Monday.