Nifty closed with a decline after fluctuations
Indian Stock Market closed with a decline after heavy upheaval in Thursday's trading session. Throughout the day, the market was seen trading sometimes in red and sometimes in green. But before the market closed, it closed with a decline due to the return of selling. BSE Sensex closed at 78,886 points with a decline of 582 points, while the National Stock Exchange's Nifty closed at 24,117 with a decline of 180 points. IT and Energy stocks have played a role in taking the market down.
Rising and falling sharesIf we look at the rising shares in today's trade, MRF share closed with a gain of 4.30 percent, Alkem Lab 3.17 percent, Trent 3.14 percent, Bharat Forge 3.08 percent, Lupin 2.83 percent, Max Financial 2.08 percent, hdfc Life 2.03 percent, ICICI Lombard 1.81 percent and GMR Airports 1.76 percent. Among the falling shares, Piramal Enterprises closed with a decline of 4.31 percent, LTIMindtree 4.12 percent, Shri Cement 3.81 percent, Nolco 3.72 percent, Grasim 3.50 percent, Godrej Properties 3.40 percent, SAIL 2.95 percent, Berger Paints 2.92 percent.
Sectoral updateThe sectors whose stocks rose in today's session include banking, pharma, media and healthcare. While IT, auto, FMCG, metals, energy, infra, consumer durables and oil and gas sector stocks closed with a fall. Midcap and smallcap stocks have also seen a sharp decline in today's trading session. Out of 30 Sensex stocks, 7 stocks closed with a rise and 23 with a fall. Out of 50 Nifty stocks, 12 closed with a rise and 38 with a fall.
Fall in market capDue to selling in the stock market, the market cap has declined. The market capitalization of stocks listed on BSE closed at Rs 445.77 lakh crore, which was Rs 448.57 lakh crore in the previous session. That is, investors have suffered a loss of Rs 1.80 lakh crore in today's session.